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RBA to trial central bank digital currency with real claims on the central bank

Reserve Bank of Australia to probe use cases and potential economic benefits of introducing a central bank digital currency

9th Aug 22, 11:54am

by Gareth Vaughan

Reserve Bank of Australia to probe use cases and potential economic benefits of introducing a central bank digital currency

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One of the saddest lessons of history is this: If we've been bamboozled long enough, we tend to reject any evidence of the bamboozle. We're no longer interested in finding out the truth. The bamboozle has captured us. It's simply too painful to acknowledge, even to ourselves, that we've been taken. Once you give a charlatan power over you, you almost never get it back.

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