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"The CBDC created by Covid-19 that accelerated the digital economy"

 

Since the COVID-19 crisis, credit cards and digital payments have increased worldwide, leading to a 'cashless society' approaching faster than expected. In other words, it can be said that it is a digital legal currency for each country.

CBDC (Central Bank Digital Currency) is a digital currency issued by the central bank and is created based on blockchain technology. The monetary form is changed to digital rather than banknotes or coins, and the price is also fixed one-to-one with the existing legal currency, so there is little change in value.

Central banks in each country say, "The use of cryptocurrencies such as Bitcoin as a means of payment is very limited and has no intrinsic value.

@USFCX Community Center

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