VOF EP#10 2023.07.03【2】

VOF EP#10 2023.07.03【2】

Bo LI, Deputy Managing Director at the IMF, worked as Deputy Governor at the People’s Bank of China. He wanted big government social programs with programmability, and CBDC can allow government agencies and private sector players to program to create smart contracts to allow targeted policy functions such as welfare payments, consumption coupons, food stamps, etc. That money can be precisely targeted for what kind of people can own and other types of use this money can be utilized.

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