Central Bank Digital Currency

Financial Instrument

Proposed digital currency issued by central banks, which Ferguson views as a 'terrible idea' due to its potential for centralized surveillance, similar to a Chinese model.

Mentioned in 2 videos

Videos Mentioning Central Bank Digital Currency

Niall Ferguson: History of Money, Power, War, and Truth | Lex Fridman Podcast #239

Niall Ferguson: History of Money, Power, War, and Truth | Lex Fridman Podcast #239

Lex Fridman

Proposed digital currency issued by central banks, which Ferguson views as a 'terrible idea' due to its potential for centralized surveillance, similar to a Chinese model.

E33: Apple’s hypocrisy, America fails math, crypto’s regulatory correction, Clubhouse, UFOs & more

E33: Apple’s hypocrisy, America fails math, crypto’s regulatory correction, Clubhouse, UFOs & more

All-In Podcast

A digital form of a country's fiat currency, controlled by a central bank, which the U.S. Treasury Department is exploring, raising questions about its competition with decentralized cryptocurrencies like Bitcoin.