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goodietime

02/16/23 3:48 PM

#105497 RE: stockmojo9 #105496

"And, two, why would the US back a CBDC? What is their incentive?"

imo, SIMPLE, ... TOTAL eyes on EVERYTHING pertaining to money.
What you get, what you did with it. Leading to.... only being ALLOWED to do with it what they approve of.
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indepth05

02/18/23 9:22 AM

#105540 RE: stockmojo9 #105496

Mojo,

I really don't know. Its just a theory.
Mr. William " Bill" Addiss who spent 23 Years with Lehman and its predecessor firms, Shearson and E.F. Hutton is very active with training webinars covering CBDC
https://event.on24.com/wcc/r/3947810/48EE261835F3B11526A177A9D8C466E2

Here is a good article about the business model and how it'll affect commercial banks.
https://sites.duke.edu/thefinregblog/2019/05/22/when-tech-meets-money-the-central-bank-digital-currency/

Good luck Sir