So how about this for a scenario? Banks go bust, everyone gets bailed-in. The central banks then come to the rescue and offer to give you a CBDC account with a deposit equivalent to what you lost in the bail-in…
…but there are strings attached.
In my opinion, the cbdc will be rolled out first to people who can’t opt out. Benefit recipients.
Trinidad and Tobago have just gone full CBDC. As always, it was fully implemented while people were being distracted by x, y and z.
In countries like Nigeria the draconian policies have already begun. Watch the video above and below to get schooled.
This is going global
This is what you have to look forward to with CBDCs
