Youtor
Are We Heading Towards A Cashless Society
>> YOUR LINK HERE: ___ http://youtube.com/watch?v=v0AIeLo8PgA
More than 130 countries are currently exploring creating a Central Bank Digital Currency (CBDC). That’s 130 countries that make up 98% of the global economy hoping to shape the future of money. Despite its advantages, people are not happy about its implementation. One major concern is that it will lead us to a cashless society. • In this video, I will explain what a CBDC is, the pros, and the negatives. At the end, I’ll try to see if CBDCs will actually lead us to a cashless society, and provide my own opinion on the topic. • If you found this video insightful, please consider giving it a like and follow! • All opinions are my own (unless otherwise stated). NOT financial advice. • Chapters: • 0:00 Intro • 1:07 What is a CBDC? • 2:40 CBDCs and Crypto • 4:04 Retail and Wholesale CBDCs • 5:28 Pros of CBDCs • 8:20 Negatives of CBDCs • 10:05 Will CBDCs replace cash? • 11:19 General thoughts • Main source: https://www.reuters.com/markets/curre... • I’ve linked the other sources in my substack: https://open.substack.com/pub/theecon... • Follow my socials: • Twitter: / theecondispatch • Substack: https://theeconomicsdispatch.substack... • Tags: • cbdc, cbdc news, cbdc currency, cbdc crypto, what is a cbdc, cbdc., us cbdc, what is cbdc currency, cbdc money, cbdc coin, cashless, cashless society, cashless society 2023, cashless society 2024, cashless societies, how close are we to a cashless society, is the us going cashless, is the us going cashless 2023, is the us going cashless 2024, us going cashless, is the u.s. going cashless, cashless country, u.s. going cashless, cashless economy • #economics #economy #cbdc #money
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