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CV116: Monetary Base Companion - 2021 Q3

Crypto Voices

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CBDCs in Mobile Banking Apps?

CBDCs will come with the guarantee that if something happens to your phone, you can still recover it from somewhere. The banks would just want this kind of Venmo cash app version of digital money where it all resided on their balance sheets and they transacted it amongst themselves and vendors. It's like having cash in your wallet.

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