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I believe an unmentioned benefit of CBDC’s to the issuing nation is that they will allow for a form of economical imperialism. Provided a nations populace has
by CTDOCodebases 5y ago
I believe an unmentioned benefit of CBDC’s to the issuing nation is that they will allow for a form of economical imperialism.
Provided a nations populace has access to the internet and smartphones once the national currency shows signs of hyper inflation (like Lebanon at the moment) they can effectively switch to a more stable alternative hence strengthening the hegemony of the nation issuing the CBDC.