What is CBDC? (Central Bank Digital Currency)

Central Bank Digital Currency also known as CBDC, is a form of FIAT currency issued by a central bank. In this video we're going to show you the main goals of CBDC, compare the concept to crypto, and take a look at the issues surrounding this form of centralized currency!

Sit back, grab your popcorn and watch on!

Links Mentioned:
CBDC Glossary: https://www.coingecko.com/en/glossary...
CBDC on CoinGecko Learn: https://www.coingecko.com/learn/what-...

Timestamps:
00:00 Intro
00:25 CBDC explained
01:19 Why are governments aiming to create this concept?
02:56 The problems faced by CBDC on financial stability
04:20 The bottom line and current status of CBDC implementation
04:59 Would CBDC revolutionize the future financial system?

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