@rezoanulvibesOnNoiseApp 7 December 2022

2# It is intended to use in interbank trade settlements. They need to work more to do that while it fails to give additional benefits. When you work and take more responsibility, you expect to have benefits. If you have to work more doing something without having any extra benefits, you will not be interested to put your effort into that. Not only India, many countries are working hard to launch CBDC. Some countries already started their CBDC pilot program to experiment and see the results. CBDC is supposed to be fast, easy, and better. This is good, but the question is good for whom. CBDC is good for the central authority. They can directly control different aspects of the financial system. I thought bankers might give positive feedback using CBDC. It will be interesting to see how bankers view CBDC in different countries.