By Tomas Forgac The central bank digital currencies (CBDC) are being sold with the narrative of protecting consumers who are increasingly moving to cashless payments. These cashless payments, we are told, rob us of privacy advantages of cash and while exposing us to bank runs, payment network blackouts, and to foreign financial adversaries. Yet, while these risks are … [Read more...] about Three Reasons Why Central Bank Digital Currencies Are a Bad Idea