Card #29: 🏦 CBDC: Central Bank Digital Currency
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A CBDC is a digital counterpart to fiat money, issued by central banks, unless it is dividend-yielding; then, it is an ownership stake in the central bank and a new form of legal tender.
A CBDC is a digital counterpart to fiat money, issued by central banks, unless it is dividend-yielding; then, it is an ownership stake in the central bank and a new form of legal tender.
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Topic: Klaus Schwab. Comments: 0.