What Is CBDC(Central Bank Digital Currency)?


#1

CBDC stands for “.”

Don’t confuse with electronic money. Central bank digital currencies should exist on the basis of a “separate operating structure”—a decentralized distributed registry. The central bank becomes a new “Satoshi Nakamoto” who sets the mining rules of a new cryptocurrency and wields ideological influence. The very system of the new money, however, is developed on the basis of decentralization, just like Bitcoin.

The issuance of their own CBDC is discussed by central banks of countries such as England, Sweden, Switzerland, Ukraine, and the Marshall Islands.