Thursday, July 29, 2021

Central Bank Digital Currency: BIS Honcho Speaks

Uh oh.

This is not the future I was promised.

CBDC's will not be "digital cash."

The speaker, Augustin Carstens is the General Manager of the Bank for International Settlements.

He doesn't sound so much pompous as he sounds very confident in what he is saying.
That snippet is from this longer video of a panel discussion among some serious players on October 19, 2020: 

Mr. Carstens begins speaking after being introduced at the ~22:00 mark.

As one commenter on the Havenstein thread responded:

As a side note. Göring was obese, being called Fat Hermann behind his back:

but lost the weight prior to and during his trial.

He cheated the hangman by committing suicide a couple hours before their date.