Which of the following is true about Central Bank Digital Currencies (CBDCs)? Central Bank Digital Currencies are always built on the Ethereum network. Central Bank Digital Currencies are always centralized and never exist on another blockchain network. Central Bank Digital Currencies are not being developed to any real degree outside of a few small countries. There are several competing approaches to Central Bank Digital Currencies including centralizations, decentralization, and building CBDCs on another blockchain.
Which of the following is true about Central Bank Digital Currencies (CBDCs)? Central Bank Digital Currencies are always built on the Ethereum network. Central Bank Digital Currencies are always centralized and never exist on another blockchain network. Central Bank Digital Currencies are not being developed to any real degree outside of a few small countries. There are several competing approaches to Central Bank Digital Currencies including centralizations, decentralization, and building CBDCs on another blockchain.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Which of the following is true about Central Bank Digital Currencies (CBDCs)?
Central Bank Digital Currencies are always built on the Ethereum network. |
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Central Bank Digital Currencies are always centralized and never exist on another blockchain network. |
||
Central Bank Digital Currencies are not being developed to any real degree outside of a few small countries. |
||
There are several competing approaches to Central Bank Digital Currencies including centralizations, decentralization, and building CBDCs on another blockchain. |
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