Chris Dublin on Nostr: It seems that they will be retaining some form of banking system. Any funds you have ...
It seems that they will be retaining some form of banking system.
Any funds you have over 20k will be automatically stored in a traditional style bank account.
This is probably to reduce central bank money liability whilst forcinh people to use cbdc for day to day transactions and tracking.
'Money' saved in a bank is no liability to the Central Bank but will be used for speculation by the investment banks.
Any funds you have over 20k will be automatically stored in a traditional style bank account.
This is probably to reduce central bank money liability whilst forcinh people to use cbdc for day to day transactions and tracking.
'Money' saved in a bank is no liability to the Central Bank but will be used for speculation by the investment banks.