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by x-complexity
1281 days ago
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> You don’t need CBDC, just the existing system today. Here in the UK something like 3% of money is available as paper cash. The rest is just a row in a database. The point the GP is trying to make is that they want to further restrict the usage of cash in economic transactions, & that CBDCs further help in that regard. There's a difference between: "3% of money is available as paper cash" and "Paper cash is banned under all circumstances" |
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