2/2: Do we really need blockchain-based CBDCs?

Competition between banks

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The impact of CBDCs

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CBDCs could also negatively impact the commercial bank sector, particularly in times of economic stress, when citizens pull their savings from commercial banks and place them in risk-free accounts.

Is blockchain necessary?

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Closing

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We must keep in mind that the blockchain is not the universal answer to our technological grievances.

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References

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