Central Bank Digital Currency (CBDC)

Central bank digital currencies (CBDCs) have the potential to fundamentally alter the current monetary system. Potentially they could bring about a whole range of advantages compared to the status quo, yet they could also introduce a host of disadvantages. This text provides a comprehensive list of the pros and cons of CBDC along with a description of every single positive or negative outcome. Finally, it weighs the benefits and drawbacks of this new form of legal tender against each other.


Keywords: CBDC, central bank digital currency, central bank, monetary policy, legal tender, currency



read full article at http://journal-digitalassets.org/browse/issue_detail.php?issue_id=6&id=8&display=all&mdiv=previous

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