💡CBDC is a centralized and regulated form of digital currency, controlled by the government.
🌍114 countries are exploring CBDC, representing 95% of global GDP. 60 countries are in advanced stages of development.
💰Proponents argue that CBDC can increase payment efficiency, complement existing financial services, and deter criminal activity.
🔐Critics raise concerns about the potential loss of privacy and the government's increased control over financial transactions.
🤔Support for CBDC is seen among top banks, politicians like Elizabeth Warren and AOC, while opposition comes from free thinkers and entrepreneurs.