True
Earnings
Feed
Sessions
CareerHub
NEW
Post insight
About
Sponsor a Session
FAQs
Contact
Terms of Use and Privacy Policy
Login
Create account
Earnings
NEW
How to earn on TwoCents
Rankings
CareerHub
NEW
Feed
Sessions
Spaces
About
Contact
FAQs
Terms of Use
Login
Create account
633;
Ntamugabumwe Victor
Kampala, Uganda
414
1774
11
4
In
Banking and Finance
•
1 min read
•
Feb 24, 2023 09:24a.m.
Central Bank Digital Currency
Listen to this Insight
THE CENTRAL BANK DIGITAL CURRENCY The world of finance is evolving and this is the new aspect point at least for the year 2023. The question of necessity. Many that support Central Bank Digital Currencies do so on the front that it will support financial inclusion at a core level. lessons are drawn from the mobile money frenzy at least for the African states. However, the question should really not be about financial inclusion but the right to transact and consumerism control. Central Bank Digital Currencies come in two forms, the account based and token based CBDC. The capitalization in either comes in two types, retail and whole sale. this essentially means that there is someone noticing your consumer patterns from the way you transact. This defeats the right to transact that is at the core of a Cash based system that replaced the barter trade giving us currency to use. Many countries here in Africa have either rolled out CBDCs or are in the process of research to roll them out.. let's have the conversation on the necessity of these things.
Central Bank Digital Currency
By
Ntamugabumwe Victor
Your browser does not support the audio element.
Play
0:00
/
0:00
Daisy Kwarisiima
Joshua Kingdom
Fiona Atukwatse
Send tip
1
419
0
NTAMUGABUMWE VICTOR
is the most viewed writer in
Banking and Finance.
follow
Other insights from Ntamugabumwe Victor
Ntamugabumwe Victor
Kampala, Uganda
When Law Meets Politics - Uganda Ministers' Scandal And R...
In
Politics
You may have heard or watched the news from Uganda on the most rece...
Ntamugabumwe Victor
Kampala, Uganda
Legal Risks Of Cryptocurrencies On State Sovereignty; A C...
In
Blockchain and Cryptocurrency
Last Week on the 17th of this month, I and a coat author of mine pr...
Ntamugabumwe Victor
Kampala, Uganda
The 2022 Blockchain Year. A Legal Perspective Of The Lows
In
Blockchain and Cryptocurrency
In this insight I sum up this year to look at two events. - The F...
Ntamugabumwe Victor
Kampala, Uganda
The Mak Law School Experience
In
Education
Around July 2022, I met Mr. Tobi Igbendion who introduced me to the...
Insights for you.
Samuel Ibok
Marketing Supervisor @ Crusader Sterling...
Lagos, Nigeria
In Banking and Finance
How I Made My First Million
I made my first million when I was 12 years old. Relax, it wasn't exactly 1 million naira; it was 3,000 naira. Looking back, it did feel like a mil...
135 views
3 upvotes
1 comment
×
Comments
Share thread
Refresh
×
cancel
Home
Feed
Earnings
CareerHub
Menu
What is TwoCents?
×
×
Share the feed
×
Copy link
Twitter
Facebook
LinkedIn
Whatsapp
Share this post
×
Copy link
Twitter
Facebook
LinkedIn
Whatsapp
×
Insights
Views
Upvotes
Comments
Contributor score
WELCOME
TwoCents is a knowledge marketplace for Africans around the globe.
TWOCENTS
TwoCents offets you a unique opportunity to write and earn from your content.
COMPLETE YOUR PROFILE
Add your City, Bio, Phone Number, Occupation etc.
BUILD YOUR CONTRIBUTOR SCORE
Write insights, share in your network, build your score.
GET VERIFIED
Get a 100+ score, complete a 5-week streak, become verified.
TIPS
Get tipped for your free insights/content
SUBSCRIPTIONS
Receive subscriptions from your most loyal readers.
AD REVENUE
Get a share of what brands pay to advertise on your insight pages.
HELP GROW TWOCENTS
Read, tip and subscribe to content you find informative or interesting.
Q&A SESSIONS
Check out some Q&A sessions, drop a question, comment, share etc.
WELCOME TO THE COMMUNITY
Write. Share. Earn
Previous
Next
Close
Share this post
×
Copy link
Twitter
Facebook
LinkedIn
Whatsapp
Share this post
×
Copy link
Twitter
Facebook
LinkedIn
Whatsapp
Crop photo.
If "Crop" and "Cancel" buttons are not visible, scroll down.
×
The photo you are trying to upload is too large.
Please upload a photo smaller than 4MB.
×
The file you are trying to upload is not an image.
Please upload an image of the following types - PNG, JPEG, JPG, GIF, BMP
×
For best results, be as descriptive as possible. Please refrain from using explicit, obscene or hateful words.
Hyper-realistic
Turning on "Hyper-realistic" will generate hyper-real and dramatic images. Leaving it off will produce more natural, less hyper-real looking images.
Generate Image
Use Image
Clear Image
At least 800 characters — We recommend keeping your insights around 5000 characters, and breaking them into parts if they go over this limit. You can save your insights as drafts and they will update as you type. On the EDIT page, you can link this insight to a series, generate audio etc.
×
Login to share insight
×
Oops!
Looks like
isn't setup to receive tips.
Be sure to check back later!
Close
×
Oops!
Looks like you have not setup your account to send and receieve tips.
No worries!
Click here to add your card details
Be sure to contact us if you have any questions!
×
Let
know you love
their content by sending a tip!
Show support.
Support beyond an upvote, comment or share.
Help grow TwoCents.
Encouraging other writers ensures quality insights.
Send Online
Copy tip link
Close
×
Subscribe to
's
premium insights.
Go premium.
Choose between a monthly, quarterly or yearly subscription.
Help grow TwoCents.
Every subscription encourages the contributor and ensures quality insights.
Send Online
Copy sub link
Close
×
Oops!
Looks like
isn't setup to receive subscriptions.
Be sure to check back later!
Close
↑