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2026-08-01 13:34:43 CEST

BankSith on Nostr: #FCKECB on #nostr "Overview of benefits that some have associated with CBDC, and ...

#FCKECB on #nostr


"Overview of benefits that some have associated with CBDC, and related factors or requirements"

➥ Requires (i) discontinuation of banknotes (or at least of larger denominations); (ii) CBDC to not take the form of anonymous token money

➥ Allows overcoming the ZLB as negative interest rates can be applied to CBDC

"Tiered CBDC and the financial system"
Ulrich Bindseil Working Paper Series
Jan 2020, ECB https://www.ecb.europa.eu/pub/pdf/scpwps/ecb.wp2351~c8c18bbd60.en.pdf