Central Bank Digital Currencies

As more and more countries consider digitizing their native currency its important to take a step back and think through some of the implications that Central Bank Digital Currencies could have on the over all economy. This is the main topic we will be discussing today, going through some different possibilities with increased manipulation from central banks with behavioral economics and tracking everything you buy or sell with CBDC's. Then sharing the alternative route everyone will have to consider with going away from centralized control into a decentralized system where you have full ownership of your capital.

What are your thoughts on Central Bank Digital Currencies? Will all fiat currency eventually be digitized in the coming years?

Let me know down below…

Links & Timestamps from the show:
-China's CBDC: https://decrypt.co/67521/china-central-bank-digital-currency-pwc
-Countries considering CBDC's: https://news.slashdot.org/story/20/03/01/2227213/12-countries-are-now-considering-central-bank-digital-currencies

Timestamps:
0:00 Intro & Centralization Problems
0:52 Inflation Effects
2:24 CBDCs & Behavioral Economics
5:30 Implementation Probabilities
6:25 Opting out of the Control System

Видео Central Bank Digital Currencies канала Invest Global