TD₿: Why a CBDC Will NOT Promote Financial Inclusion (an article) by Sam Callahan
TL;DR: A CBDC would increase costs, reduce privacy, and create more barriers to financial inclusion, not less..
Hey Bitcoiners,
Despite what central bankers say about CBDCs improving financial inclusion, the facts say otherwise. Swan’s Sam Callahan has done some extensive research explaining why CBDCs restrict inclusion, both in theory and in practice.
Enjoy!
Tick tock next block,
Cory Klippsten
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“The tools that we need to help push the pendulum of power back towards the individual exist today. They just aren't widely known or evenly distributed.” – Marty Bent
Job of the Day
Senior Core/Financial Engineer
As Swan grows and expands its offerings in new and exciting ways, we are conscious of the need for an extremely solid foundation on which to build our products. As such, we are forming a new engineering team out of new and existing engineering capabilities that concentrates solely on this underlying application infrastructure..
Skills and experience that will help you succeed
Senior level experience with SQL, data modelling, and REST APIs
Experience defining and documenting system architecture for financial software applications
A security focused mindset is highly appreciated
Experience with NodeJS is preferred, but senior level experience in any similar environment works
AWS experience is a big plus
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Open Bitcoin Q&A Chat on Zoom — March 29th @7pm Eastern
All are Welcome! This week is “Intro to Bitcoin with Q&A discussion”. Bring your questions!
*Link below*
Resources:
– Bitcoin.org
– Bitcoin-Only.com
– Bitcoiner.Guide
– Bitcoin-intro.com
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