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Cryptocurrencies: 24151
Markets: 92278
Market Cap: $3,597,361,398,400     
24h Vol: $316,655,814,603
cryptonews 2021-02-02 09:58:06

Economists: CBDCs to ‘Flop’ if They Aren't Designed as Stores of Value

Economists: CBDCs to ‘Flop’ if They Aren't Designed as Stores of Value
Source: Adobe/Сергей ШимановичCentral bank digital currencies (CBDCs) could become a store of value, a new paper claims – a move that could help them avoid becoming “a gigantic flop.”These were the findings of two economics experts at the University of Wuerzburg, in Germany, who published their findings on the VoxEU portal, a media outlet run by the EU’s Center for
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