Will central-bank digital currencies break the banking system? | The Economist

Will central-bank digital currencies break the banking system?

Perhaps. But that might not be so bad

IMAGINE IT IS 2035 and a financial crisis is raging. Credit is drying up; banks' share prices look like ski slopes and every news report features sweaty traders in shirtsleeves tugging at their collars. You log on to your banking app and peer anxiously at your savings.

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