Nicholas Anthony on the Current Prospects and Legislative Developments Surrounding CBDC
Macro Musings with David Beckworth
Prospects and challenges of Central Bank Digital Currencies (CBDCs)
A discussion on the potential obsolescence of CBDCs if the private sector surpasses them in technology and innovation, with examples from China, Nigeria, and India. The speaker highlights the hope that the private sector will outmatch CBDCs, but expresses concern over the government's advantage in writing laws and enforcing rules.
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