🏦🪙 Do you think CBDC will become as popular as crypto?
Venezuela wrapped up its petro (which technically was a cryptocurrency, but still was issued by a national government). Meanwhile, Japan with its ultra-high cash adoption and financial inclusion is unsure whether it needs a CBDC, and a non-government consortium is building it there.
Is CBDC called for? Does it have a use case that will be needed by people? Fiat money has problems of its own. Building on its foundation and bringing more issues to the table doesn't make it any easier or better. Money is free like water, it will flow around the obstacles.
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