A Central Bank Digital Currency (CBDC) refers to an electronic form of a nation's currency, backed by its central bank. While the potential benefits and drawbacks are being studied by countries worldwide, let's take a closer look at their definition, operation, and effectiveness in the context of South Africa's economy. Watch the full episode on the Mit Mak Masterclass YouTube channel for more insight on this topic. #mitmakmasterclass #mitmakmotors #economy #CBDC #digitalcurrency #bobbypetkov #c

Central Bank Digital Currencies explained!