As the world has become increasingly digital, so too will our money. You may have heard of regions like China and Europe are considering launching digital currencies, but what does that mean? What’s the difference between a digital currency and the debit/credit card banking system we have today?
Central Bank Digital Currencies (CBDC) are the next evolution that our monetary system will take and they present numerous possibilities for the future of finance. Not all of what CBDC’s have to offer is good though…
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