Because CBDC is tied to the state, we feel that it will be subject to intense competition and attacks from political agendas and will come at a high price.
#BGIN #Block_5 「Role of #regtech in #blockchain governance, including #DeFi 」
#BGIN #Block_5 「Role of #regtech in #blockchain governance, including #DeFi 」
In particular, I believe that the digital dollar and the digital yuan will clash. If Japan gets involved, it may be necessary to consider taxation, such as international taxation on foreign exchange transactions, if monetary policy alone is difficult to adjust.
If digital currencies like CDBC, where the state is the central administrator, become a means of payment alongside cash, there is a possibility that other countries' currencies will displace their own.
I believe that a currency without a central administrator (bitcoin) has ensured a certain independence and market confidence that a central bank does not have.
https://twitter.com/bgin_global/status/1510418776726319106
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