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What is a Central Bank Digital Currency? Explained Simply

Heresy Financial
272K subscribers
What is a Central Bank Digital Currency? Explained Simply Portfolio Allocation Mastery Course 15% OFF for Subscribers Only! Promo Code SUBSCRIBER15 Do you know what a central bank digital currency is or how a CBDC might actually work? Plenty of people are talking about CBDCs today, but most people do not understand how it's actually different from money today. Because as we look around and we make our payments, we get our paychecks, and we send money, it is all digital anyway. So, what is the difference between today's money and a central bank digital currency, and why is it that I always say that a CBDC is a tyrant's wet dream? Timecodes 0:00 Video Overview 0:32 Intro 0:40 Commodity Money 1:23 Commodity Backed Money 3:24 Public Ledger 6:18 Private Ledger 10:16 Outro Upcoming Events I'm Speaking At: Pacific Bitcoin (Promo Code HERESY) My Courses and Guides🍎🍎 💵Bulletproof Your Portfolio 🔑Ultimate Guide on How to Buy Gold 📝Weekly Newsletter 📈Advanced Trading with my good friend Gareth Soloway Gold and Silver🔥🔥 💰Get Paid Interest IN Gold ON Your Gold 📱Buy Vaulted Gold 🔒OneGold Gold/Silver/Platinum (Code Heresy1x) 🪙Gold/Silver IRA (Get $100 of BTC) Bitcoin 💎💎 🔐Best Bitcoin IRA (Get $100 of BTC) 🦢Best Place to Buy Bitcoin (Get $10 of BTC) 📟Best Bitcoin Wallet Stocks💰💰 💹Best charts (Get $30) 📈Best all-around 📊Best auto investing Real Estate 🚀🚀 🏠Single-Family Rentals 🏡 Invest in High-Yield RE Debt 🏘RE Portfolio Investing Misc ⚖️⚖️ 📖My Bookshelf ☕️Merch 🤝Join my private community on Locals I am not a CPA, attorney, or licensed financial advisor and the information in these videos shall not be construed as tax, legal, or financial advice from a qualified perspective. Linked items may create a financial benefit for Heresy Financial. #CBDCsExplained #CentralBank #DigitalCurrency
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