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Aergo Official

its a challenging task

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Aergo Official

And start to develop strategies that solve this worry

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Aergo Official

Yes, impact of CBFC will large depend on their design

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Aergo Official

guess it all depends now

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Aergo Official

oh wow thats pretty cool

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Aergo Official

Especially in countries with less developed financial systems

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Aergo Official

so its kinda like a tool for development right

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Aergo Official

Giving access to essential services like savings, credit and insurance

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Aergo Official

A significant portion of the population in Peru is unbanked

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Aergo Official

I've send you a useful link check your dm

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Aergo Official

Where main admin? I want to contact him for listing personally.

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Aergo Official

Like we haven't been told this before; Reserve Central Banks were the independent oversight designed to safely deliver us from inflationary pressures & create full employment.

Single handedly they have engineered boom/bust cycles, inflationary tsunamis & killed millions indirectly through the poverty their monetary experiments have wrought.

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Aergo Official

Thank you for sharing your thoughts and opinion.

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Aergo Official

Education and outreach can help to overcome these challenges

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Aergo Official

That can lead to greater participation and support for the governance system

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Aergo Official

While maximizing positive outcomes

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Aergo Official

Countries should careful think benefit and risks associated with digital currencies

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Aergo Official

on how they are used and stuff 🤹‍♂️

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Aergo Official

so they are not all bad

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Aergo Official

If Improving access to financial services and reducing transaction costs, a CBDC could enhance economic growth and reduce poverty in Peru

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Aergo Official

Can be say like that. CBDCs can serve as a catalyst for economic development

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Aergo Official

ah that makes sense now 🤔

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Aergo Official

Digital currency helps bring more people into the formal financial system

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Aergo Official

In Peru, the primary motivation for considering a CBDC is to improve the country's payment infrastructure and increase financial inclusion

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Aergo Official

Hey there, you can DM me.

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Aergo Official

There's no immediate plausible need for CBDCs; sure some will say: faster, efficient, safer etc. Crypto however does this, look at how many transactions/sec Aergo facilitates. Bitcoin has worked flawlessly since 2008. Yet, how many banking crashes have we had to endure?

To put more power in the hands of even less people with CBDCS (no matter how pure & honorable their initial intentions) is to tempt thousands of years of civilizational collapse yet expect a different result...mildly put this is the definition of insanity!

Yet here we are today with options for a fairer more egalitarian society - Which path do we take?

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Aergo Official

We look forward to your questions everyone!

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Aergo Official

And create a more effective and equitable governance system :D

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Aergo Official

While there are challenges associated with both centralized and decentralized governance mechanisms

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Aergo Official

And accountability among the public

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