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Why would that change just because it's being tracked with a blockchain?
by humaniania 6y ago
Why would that change just because it's being tracked with a blockchain?
- anm89 6y agoFirst, this is a misconception that central bank digital currencies are about blockchain. Some of the proposals have block chain tie ins some dont but at its core this is not about block chain or crypto.This is about payment pipelines and central bank policy options and does not imply a technical architecture. Secondly, the whole point of creating new pipelines is to enable new trade agreements that aren't dollar centric. Yes you still have dollar obligations from past trade debt and you might have some future obligations to trade in dollars but your bargaining position changes once there is another viable option on the table.
- deleted 6y ago[deleted]