Central Bank Digital Currencies Will Make Your Wallet Obsolete

There is an unmistakable buzz around central bank digital currency, or CBDC. The Bahamas became the first country to issue a CBDC last year. And on October 1, the central bank of Nigeria unveiled its e-Naira. Last year, China began trials of its digital yuan in four cities. The US and Britain are busy working on pilot programs and issuing research papers outlining how their own CBDC…