Sell btc to paypal eur said the bank has flooded the economy with money and would continue lending programs for as long as they’re needed. Central Banks Uninterested in Digital Currency for Consumers, Says Visa Exec
Digital currency solutions that directly face consumers will not be taken seriously by central banks, according to a Visa executive.
Consumer-facing digital currency solutions will not be taken seriously by central banks, according to a Visa executive.
Credit card head of crypto weeted on May 18 that he does not believe central banks are interested in providing a central bank digital currency (CBDC) directly to consumers, stating Bitcoin Crypto Currency Exchange
Consumers would have the relationship with the fintech wallet and adopt it based on the brand and features of the wallet rather than the features and liability structure of the underlying money that it's built on
The other option is just to say that consumers won't need to know the difference between ‘digital cash’ and ‘digital deposits’ any more than they will understand the difference between: If a central bank decides to offer a digital wallet directly to consumers then by default CBDC and the central bank would have to become a household brand but this approach seems unlikely to be taken seriously by most major central banks due to operational challenges.”