“Digital Meat Rations”? This was not the future I dreamed of when I coined the term Central Bank Digital Currency
Read OriginalThe author, who claims to have coined the term 'Central Bank Digital Currency' (CBDC) in 2015, recounts a presentation where a hypothetical, controversial CBDC enforcing a personal carbon and 'meat budget' was discussed. He clarifies this was not his original vision, which instead focused on using CBDCs for regulated financial institutions on permissionless blockchains, such as for smart contract-based insurance markets using real-world currencies.
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