Financial Heresy cover image

How Banks Really Work - and Why They Fail

Financial Heresy

CHAPTER

The Future of Central Bank Digital Currency

There's a very real possibility that we get this ledger-based system instead of a debt-based system. Checking accounts and savings accounts would be separated from the institution of banking as we've known it for decades and centuries to the point where it is separate. Damon John: I think it's the biggest risk that our country faces, but unfortunately it looks like we are barreling forward towards that end.

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