The Case Against CBDCs
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Explore the contentious realm of Central Bank Digital Currencies (CBDCs) with insightful analysis and thought-provoking commentary in this video. Delve into a detailed breakdown of a Financial Times article that challenges mainstream perspectives on CBDCs, unraveling the reasons for potential concern and scrutinizing government trust and control dynamics.
Discover the pivotal role of small countries in the global landscape and examine the case of the UK's approach to CBDCs, particularly regarding programmability.
00:00 Start
00:23 Deep Dive into Financial Times Article
3:07 Unpacking Reasons for Potential Concern
4:28 Government Trust and Control Dynamics
6:32 Power of Small Countries in the Global Landscape
8:00 Case Study: UK's Approach and Programmability
9:10 Value of Using Cash in Modern Society
12:13 Importance of Asset Diversification
13:34 Further Examination of Programmability in CBDCs
15:34 Crafting Your Personal Strategy: The Nomad Capitalist Formula
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