Today I will be talking about Central Bank Digital Currency, often abbreviated as CBDC. CBDC is a pivotal topic for central banks. Regardless, the results of the Bank of Japan's Opinion Survey on the General Public's Views and Behavior for September 2023 show that when asked about their familiarity with the term CBDC, less than 20 percent of respondents answered "have read or heard of it, but do not know much about it" while merely 3.1 percent responded "know about it." While I am aware that many of those present today may already have a thorough grasp of this subject, I will walk you through the topic in everyday ... (full story)