I've seen the term negative interest rate come up on and off over the years and it wasn't a threat while everyone could just refuse to deposit cash, but now that almost everyone gets paid via electronic transfer it seems to be coming up more often.

CBDCs will make it possible for negative interest rated to be used in places where they currently don't exist. As @taskmaster4450 said, the switch to CBDC will not be voluntary as it will beimposed on us by our governments.

Posted Using LeoFinance ^Beta