Eli5 What is CBDC and the difference between CBDC and current digital Fiat?

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Ppl are talking about new CBDC but the current Fiat system has been running digitally for decades now, what’s the difference and why all the fuzz?

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Anonymous 0 Comments

It is not important. Almost all US currency is digital. CBDC is an innovation in tech, not in finance. Which is to say it is of limited financial or economic importance.

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