fitzecarraldo76 on Nostr: Lol from the article ‘We need a safe and sound banking system but we also need safe ...

Lol from the article ‘We need a safe and sound banking system but we also need safe and sound money that can move around outside that banking system’…. Not that such a thing already exists and should be kept the F out if govs hands to ‘stay sound’ 😆

quoting note1l5r…9qs6

'With CBDCs springing up around the globe, there are some early lessons to be learned, and one of them is that they are slow starters.

The digital Yuan, the biggest #CBDC scheme in place, has transacted some $250 billion, which means the digital currency has seen significant growth year-on-year but it remains realively small scale.'

https://www.forbes.com/sites/davidbirch/2023/08/26/we-need-instant-payments-and-central-bank-digital-currencies/?sh=22a4b9024e10