The dawn of the digital era does not even spare central banks. The emergence of cryptocurrencies and digital payment systems and the reduced impact of classic economic policy measures has provoked a reaction by the financial authorities to follow. A committee by the Bank of International Settlements (BIS) has released guiding principles for so-called Central Bank Digital Currencies (CBDCs) last month. In this UTX episode, we discuss what CBDCs might look like, their challenges, potential moves forward and a future world powered by state-backed digital currency.

#UTX #UTechniax #UtopianTechniax #Technology #Utopia #Tomorrow #Imagine #Podcast #money #centralbanks #crypto #cryptocurrencies #cbdc #fiscalpolicy #monetarypolicy #helicoptermoney #currency #currencies #economicpolicy #economy #payment #payments #paymentsystems