Cryptocurrency Q&A Is CBDC good or bad?

Is CBDC good or bad?

SophieJones SophieJones Wed Oct 30 2024 | 7 answers 1366
I'm interested in understanding whether Central Bank Digital Currency (CBDC) is beneficial or detrimental. Should we view CBDC positively or negatively in terms of its potential impact on the economy, financial stability, and society overall? Is CBDC good or bad?

7 answers

GyeongjuGloryDaysFestivalJoy GyeongjuGloryDaysFestivalJoy Fri Nov 01 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services that cater to the evolving needs of the digital asset market.

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CryptoVisionary CryptoVisionary Fri Nov 01 2024
Many may opt to move their money away from traditional bank deposits.

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Caterina Caterina Fri Nov 01 2024
This shift could result in an increase in the funding costs for banks.

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SakuraBlooming SakuraBlooming Fri Nov 01 2024
A CBDC serves as a highly effective payment tool for conducting transactions within a country and across borders.

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CherryBlossomDance CherryBlossomDance Fri Nov 01 2024
As banks face higher costs, they may be less inclined to lend money.

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