Politics
CBDC Pilots Are Failing. That's Why They're Speeding Up.
Every major CBDC pilot over the last three years has produced the same result. Voluntary adoption is dismal. User demand is nonexistent. Merchants treat it as a compliance burden. Central banks have noticed. Their response is not to reconsider. Their response is to accelerate toward mandatory adoption before voluntary failure becomes politically untenable.
8 min read·cbdc, digital-euro, e-cny