The Era Of Digital Currency - Pros & Cons

There's increasing discussion about Central Bank Digital Currency (CBDC) - don't confuse it with Bitcoin or other cryptocurrencies. CBDC is not a new crypto. It's still US dollars released by the Federal Reserve, just in the digital format. The benefits are clear: more efficient and low-cost; faster access to assets and financial systems; it can also continue to strengthen USD as a global currency. However, the drawbacks and risks may also be potentially astronomical i...