SO much buzz about central bank digital currency (or CBDC) and yet so much confusion! In this video we will talk about what central bank digital currency is, what does it mean for banking, will it lead to negative interest rates and eventually a "new world" were all currencies become one? (My forex people better tune in!!). Digital currency in 2020 has been hyped mostly by alternative news outlets and it was briefly included in the CARES Act 2020 plan before they decided we wasn't ready for that just yet. I'll tell you when I think we would have a digital currency as well as if we will have a completely cashless society. Instagram: @thecashcompass Business e-mail: thecashcompass@gmail.com For donations: PO Box 814954 Hollywood, FL 33081 Cashapp: $KrystalTodd Venmo: @KrystalTodd My Youtube Set up: www.amazon.com/shop/thecashcompass *Please be sure to do your own due diligence before making ANY financial decisions. On my channel I share with you my research but please verify everything for yourself! I do not give investment advice, just share my thoughts any my choices!* *Some of the links on this page are affiliate links, meaning, I may earn a commission if you click through and make a purchase, at absolutely no cost to you. Affiliate commissions help keep my channel going so thanks for your support!*

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