Digital currency issued by states

A CBDC (Central Bank Digital Currency) is a digital currency issued by a central bank. It is a form of digital money that can be used to make payments, transfers and exchanges. CBDCs are still under development, but have the potential to revolutionize the way we interact with money. They can make payments more efficient, cheaper and more secure.
They can also help improve financial inclusion and reduce poverty. Here are some of the potential benefits of CBDCs: Greater efficiency: CBDCs can make payments more efficient by eliminating the need for financial intermediaries. This can reduce the cost of payments and make them faster and cheaper. Greater security: CBDCs can be more secure than private digital currencies, as they are issued and guaranteed by a central bank.
This can reduce the risk of fraud and theft. Better financial inclusion: CBDCs can help improve financial inclusion by making it easier for people without access to a bank account to make payments and transfer money. Poverty Reduction: CBDCs can help reduce poverty by providing a more efficient and secure way for people to access money. Of course, there are also some potential risks associated with CBDCs, such as the possibility of government abuse and the risk of cyberattacks. However, the potential benefits of CBDCs appear to outweigh the risks. Overall, CBDCs have the potential to revolutionize the way we interact with money. They can make payments more efficient, cheaper and more secure. They can also help improve financial inclusion and reduce poverty.

FOR OR AGAINST??