Will Central Bank Digital Currencies Replace the Currencies We Have Today? with Joe Brown

Many governments are beginning to test out the feasibility of CBDCs or Central Bank Digital Currencies and that leaves many people wondering if it’s going to replace the currencies we have today. A CBDC is a form of fiat currency regulated by the government and backed by a central bank, and there are many things we need to learn about it.

Watch this video to learn more about CBDCs and what could happen when they start being implemented throughout the world!

Key Talking Points of the Episode

00:00 Introduction

00:15 How can having control over money allow control of the economy?

01:43 What could happen if CBDCs are implemented?

02:49 What would happen to other currencies when the CBDC fails?

03:26 How are CBDCs engineered to work?

04:41 How can you get ahead of this big change we’re about to see?

05:20 Why do you need to have assets in an economy like we’re in today?

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