Financial Education #23: Central Bank Digital Currencies Are Here

in LeoFinance4 years ago

▶️ Watch on 3Speak


The Chancellor of the Exchequer announces that "Britcoin" is in the horizon.

The majority of currency out there is created through private banks, you could just call it a private bank digital currency. Central banks are going to provide competition to this, however with a loss of freedoms.

We have heard talk of CBDC but they are looking like a reality now.


▶️ 3Speak

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 4 years ago  Reveal Comment

If you look into DeFi and a motivation for crypto is that you become your own bank.

Cool dog!

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