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How CBDCs Give ‘Absolute Control’ to Central Banks

How CBDCs Give ‘Absolute Control’ to Central Banks

Today on the Brief: China-U.S. talks U.S. spending coming back A virtual casino hiring IRL people Our main discussion looks at central bank digital currencies and why they’re so appealing for bankers, especially compared to cash. NLW...

The Breakdown

March 20, 202115m 53s

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Show Notes

Today on the Brief:

  • China-U.S. talks
  • U.S. spending coming back
  • A virtual casino hiring IRL people 

Our main discussion looks at central bank digital currencies and why they’re so appealing for bankers, especially compared to cash. NLW discusses:

  • Recent comments from Fed Chair Jerome Powell on why any CBDC would be complement cash
  • Comments from Agustin Carstens about how much oversight CBDCs provide
  • Why privacy advocates are nervous about the coming CBDC era 
-- Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Get started at nexo.io -- Enjoying this content?   SUBSCRIBE to the Podcast Apple:  https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb Spotify: https://open.spotify.com/show/538vuul1PuorUDwgkC8JWF?si=ddSvD-HST2e_E7wgxcjtfQ Google: https://podcasts.google.com/feed/aHR0cHM6Ly9ubHdjcnlwdG8ubGlic3luLmNvbS9yc3M=   Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW   The Breakdown is produced and distributed by CoinDesk.com