Here Come Central Bank Digital Currencies

How central bank digital currencies would work, what is the motivation to create them and what are the risks.

Topics covered include:

• What percentage of central banks are working on a digital currency and plan to issue one soon
• What are the two kinds of money that central banks currently issue and how would a central bank digital currency differ
• How central bank digital currencies would be similar and different from Bitcoin and other cryptocurrencies
• What are the benefits and risks of central bank digital currencies
• What are the design principles that major central banks proposed for their digital currencies
• What percentage of central banks currently have the legal authority to issue their own digital currency

Thanks to Gen Z Green podcast and Masterworks for sponsoring the episode. Use code David for Masterworks to skip the wait list.

For show notes and more information on this episode click here.

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