First published by Money Metals Exchange here: https://www.moneymetals.com/news/2024/08/27/paper-money-isnt-a-fix-for-central-bank-digital-currency-cbdc-003413
<p><img src='https://www.moneymetals.com/uploads/content/Paper-Money-Isn-t-a-Fix-for-Central-Bank-Digital-Currency.png'/></p>In the scramble to block CBDCs, some people seem to have forgotten that there is a more fundamental problem: whether it is in physical or digital form, fiat currency isn’t real money.