While a digital national currency does have the potential to mitigate key financial issues, we cannot ignore the democratic risks such a currency could introduce without safeguards.
  • Em Adespoton@lemmy.caEnglish
    6·
    1 year ago

    Yeah; this would replace the onion that is EMV with a straightforward digital ledger standard backed by the Bank of Canada.

    Under such a system, physical cash could become NFTs of the digital equivalent (and not NFTs in the cryptobro sense).

    This could make currency management much less expensive.