
sr20221103_MoneyHQ
Divine Intelligence, etc
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Is the CBDC Going to Be Legal Tender?
The DOJ is in there and they're not sure they can. There's a big question yet of is the CBDC going to be legal tender? Yes or no? And I think that's okay. So if it's legal tender, that's cuts out visa pretty much. They can't be their banks commercial banks by definition cannot issue legal tender period full stop. Right. Well, 50, my understanding is approximately 50% of credit card use is really about financing. It's not about the transaction. Yeah. If you only need it for financing, what happens to credit card use? All that thought because in the IMF conference, one of the things that comes up is it is going
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