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You don't need CBDC to operate a cashless economy. Digital payments are ubiquitous already and cash is merely an alternative that is available. CBDC changes not
by potamic 4y ago
You don't need CBDC to operate a cashless economy. Digital payments are ubiquitous already and cash is merely an alternative that is available. CBDC changes nothing for end consumers. It is primarily a tool for the central bank to apply monetary policy easily.