The CBDC doesn't matter, initially. I suspect that there will be an agreed on exchange rate prior to full implementation, much like fixed exchange rates during the late 19th and early 20th centuries, though, those were based on the gold backing each of the currencies at the time. Fiat being fiated for fiat purposes is the easiest way to implement the CBDC.
Those in BRICs are intentionally moving away from anything previously used to denominate trade. Again, IMO.
The_Beave
npub1q6…tt3sh
2024-07-08 13:26:55
in reply to nevent1q…6kz2
Author Public Key
npub1q6ya7kz84rfnw6yjmg5kyttuplwpauv43a9ug3cajztx4g0v48eqhtt3shPublished at
2024-07-08 13:26:55Event JSON
{
"id": "b788b0510f3cae3a09e44cec6c63ceccb3f2acacbe9266f8cdee3012468ffac1",
"pubkey": "0689df5847a8d3376892da29622d7c0fdc1ef1958f4bc4471d90966aa1eca9f2",
"created_at": 1720445215,
"kind": 1,
"tags": [
[
"e",
"5599acd00279066fa7b3054ce23f827e0c374dc81efdae79e2b4cc7517e02ad1",
"",
"root"
],
[
"e",
"b03ff0bf4cf9782b1d9c5bc2b7748a1104106a8e9dd6352e95e3ee609d1537a3"
],
[
"e",
"ff3a043c77c6858996c89b02531630f50bcc8b5f5f99c26cf83ac4d8376297c9",
"",
"reply"
],
[
"p",
"14b7f1bda4e64f93136145e26229c406fd1b60f0f0158e74a36f40c1ff5d7171"
],
[
"p",
"ec9bd7465546ba061f5dfde716a4f20f3f27ecc28ca4870775e5e853df11a9d0"
],
[
"p",
"0689df5847a8d3376892da29622d7c0fdc1ef1958f4bc4471d90966aa1eca9f2"
]
],
"content": "The CBDC doesn't matter, initially. I suspect that there will be an agreed on exchange rate prior to full implementation, much like fixed exchange rates during the late 19th and early 20th centuries, though, those were based on the gold backing each of the currencies at the time. Fiat being fiated for fiat purposes is the easiest way to implement the CBDC. \n\nThose in BRICs are intentionally moving away from anything previously used to denominate trade. Again, IMO. ",
"sig": "0e941090881d0c28ce3d04cb2d517057dbb503b82bdaac8adb5fbf2ce5663829c1b2c5743b6d84cdc10411c1e664f291321992afc28d827e03238e88b13f5dab"
}