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Federal Reserve Governor Says CBDC Risks Likely Greater Than Benefits (www.pymnts.com)

posted 1 year ago by Questionable 1 year ago by Questionable +15 / -0

Federal Reserve Governor Says CBDC Risks Likely Greater Than Benefits

Federal Reserve Governor Michelle W. Bowman said it’s unlikely that the benefits of a central bank digital currency would be greater than the potential risks.

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– wereonit 1 point 1 year ago +1 / -0

If an EMP took out those computers, our water system, refrigeration, transportation, basically everything would be f-ed. Lack of coin and paper cash would be a small issue.

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