20 Stocks Held by Money Managers and a Digital Loonie
The Canadian Investor
00:00
The Negatives of CBDCs
CBDCs would enable the government to send the money for example to citizens directly in a much quicker matter. There's still some processing times because you're still going through the traditional banking system right even if you do a wire it could take a couple days before the wire gets through so definitely there's an efficiency part of it but again for the people that are not banked they just need a smartphone which pretty much everyone has.
Play episode from 18:22
Transcript
