07-05-2021, 12:41 AM
Then what do the experts say about increased global control? I found this article where an expert says that instead of a global digital currency, a network of national digital currencies is enough.
That's interesting since it's a different scenario than my prediction. The quote describes a scenario that's still the beast stream. The dragon stream requires more centralized control than that.
Quote:"Carney suggested that rather than a single CBDC, central banks could create a network of digital currencies. ... Once all central banks were producing CBDCs and settling domestic payments in them on a real-time 24/7/365 basis, they could link together so that cross-border payments could also settle instantaneously 24/7/365, with FX rates determined in real-time." - Frances Coppola, American Express
That's interesting since it's a different scenario than my prediction. The quote describes a scenario that's still the beast stream. The dragon stream requires more centralized control than that.