The amount of fiscal stimulus and the accelerated acceptance of all things digital and online (despite the availability being there for years…) is triggering central banks around the world seriously looking at the adoption of central bank issues digital currencies.
While there is no specific timeline, it does look like the possibility of adoption has been pulled forward.
Some analysts even predict we’ll see central bank issues digital currencies even sooner…
If you don’t think Central Bank Digital Currencies are coming, you are missing the big and important picture. This is going to be the biggest overhaul of the global financial system since Bretton Woods.
— Raoul Pal (@RaoulGMI) October 18, 2020