CBDCs are all the rage right now. The challenge is that not all fiat currencies are alike. While China is pushing ahead with their project, one which will likely be successful, many think the US needs to do that to protect the reserve currency status.
In this video I discuss the problem with this view. I also delve into how there are obstacles for the Fed and reasons for NOT doing it.
That said, it is likely many other countries go in this direction.
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