Hacker News new | past | comments | ask | show | jobs | submit login

I believe an unmentioned benefit of CBDC’s to the issuing nation is that they will allow for a form of economical imperialism.

Provided a nations populace has access to the internet and smartphones once the national currency shows signs of hyper inflation (like Lebanon at the moment) they can effectively switch to a more stable alternative hence strengthening the hegemony of the nation issuing the CBDC.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact