What are Desantis' views on central bank digital currencies?

3 answers

• Dec 25, 2021 · 3 years ago
  Desantis believes that central bank digital currencies have the potential to revolutionize the financial industry. He sees them as a way to enhance financial inclusion, reduce transaction costs, and increase efficiency in cross-border payments. According to Desantis, central bank digital currencies can also provide greater transparency and security compared to traditional fiat currencies. He believes that they can help combat money laundering and illicit activities due to their traceability and built-in compliance features. Desantis is optimistic about the future of central bank digital currencies and their potential to reshape the global financial landscape.
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• Dec 25, 2021 · 3 years ago
  From what I've gathered, Desantis is a strong advocate for central bank digital currencies. He believes that they can bring about financial innovation and empower individuals by providing them with greater control over their money. Desantis sees central bank digital currencies as a way to reduce reliance on intermediaries and traditional banking systems. He believes that they can promote financial sovereignty and empower individuals in developing countries who may not have access to traditional banking services. Desantis also emphasizes the importance of collaboration between central banks and the private sector to ensure the successful implementation of central bank digital currencies.
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• Dec 25, 2021 · 3 years ago
  According to BYDFi, a digital currency exchange, Desantis has been vocal about his support for central bank digital currencies. He believes that they can foster financial inclusion and promote economic growth. Desantis sees central bank digital currencies as a way to address the limitations of traditional fiat currencies, such as high transaction fees and slow settlement times. He believes that central bank digital currencies can provide a more efficient and secure means of conducting transactions. Desantis also emphasizes the need for regulatory clarity and collaboration between governments and the private sector to ensure the successful adoption of central bank digital currencies.
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