5min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC097: Central Bank Digital Currencies Vs Bitcoin w/ Sam Callahan (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Are Central Banks Going to Be Inept in Decision Making?

Central banks are not good. There's been a history of hacks all over the place. The Federal Reserve alone detected 50 cyber breaches from 2011 to 2015. And so you have this like potential of significantly increased centralization by storing all this data on a single ledger. It just becomes a honeypot for cyber criminals to come after. You can literally attack the very money of a country.

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