Lashi.shota on Nostr: Yes, it's not really private, as all bank money is in the 2nd layer, which is not ...
Yes, it's not really private, as all bank money is in the 2nd layer, which is not private, only if you are wealthy and your status allows it.
Still, the ledger is updated in the second layers of the banking system, as central banks only "print" money in the form of reserves and cash. A CBDC updates directly from the CBDC user to the central bank's central ledger.
Published at
2024-08-02 05:16:33Event JSON
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"content": "Yes, it's not really private, as all bank money is in the 2nd layer, which is not private, only if you are wealthy and your status allows it.\nStill, the ledger is updated in the second layers of the banking system, as central banks only \"print\" money in the form of reserves and cash. A CBDC updates directly from the CBDC user to the central bank's central ledger.",
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