Money, money, money!

What is a central bank digital currency (CBDC)? How is it
different from the money in a private bank account, or from
cryptocurrencies? What do consumers stand to gain from CBDCs?
Have cryptocurrencies enabled the creation of the technology
needed to guarantee anonymity, privacy and security?



To debunk the myths and get to the bottom of the hows and the
whys of CBDCs, this week Giuseppe Porcaro is joined by Bruegel
Deputy Director Maria Demertzis and Senior Fellow Gregory Claeys
who will tell us just how likely digital currency is to replace
the money under our mattress.  



Relevant publications and event:


Demertzis, M. (2021) ‘Central bank currencies going digital’


Claeys, G. and M. Demertzis (2019) ‘The next generation of
digital currencies: in search of stability’, Policy Contribution,
European Parliament


Disruption or transformation: the impact of a digital euro on the
financial system with Guntram Wolff and Fabio Panetta


See more relevant Bruegel research on Digital Currencies.