Re:Britons face 20k digital pound cap under Bank of England ...
by hypomanic on Sunday February 19, 2023 @12:03AM
(#34854642)
I don't want to manage physical money, and would prefer to not pay any fees.
Crypto is perfect for this in a of ways, but has the downside of price volatility.
Stablecoins like USDC have some of these advantages, but huge downside in having to trust an org to back the coin and manage that. A CBDC would be like a stablecoin without any of that risk.
Crypto is perfect for this in a of ways, but has the downside of price volatility.
Stablecoins like USDC have some of these advantages, but huge downside in having to trust an org to back the coin and manage that. A CBDC would be like a stablecoin without any of that risk.