AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Cato Daily Podcast
Tracking CBDCs Before They Launch
Dec 2, 2023
The podcast discusses the Human Rights Foundation's tracker for Central Bank Digital Currencies (CBDCs) and highlights concerns about their rollouts in countries with weak rule of law. It also explores the low adoption rates and negative consequences of CBDC experiments, arguing that they are a solution in search of a problem.
08:10
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Governments with low rankings for rule of law are pursuing CBDCs, raising concerns about individual freedoms and rights.
- CBDC experiments have resulted in wasted taxpayer resources and negative consequences, raising doubts about their suitability for countries with weaker institutions.
Deep dives
Trend of CBDCs being pushed forward in countries with low rule of law
According to the data compiled by the Human Rights Foundation's CBDC tracker, there is a concerning trend of central bank digital currencies (CBDCs) being pursued by governments in countries with low rankings for rule of law. This trend indicates that governments with unchecked power are pushing forward on CBDCs, raising concerns about the implications for individual freedoms and rights.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode