Money is changing forever. Are you ready?
As you read these lines, China is processing trillions in transactions with its digital yuan, Europe is meticulously designing its digital euro, and the United States is heatedly debating whether or not to create a digital dollar.
Central Bank Digital Currencies (CBDCs) are not the future: they are the present that is transforming the global financial system.
This book is your definitive guide to understanding the most important monetary revolution since the abandonment of the gold standard. Through 12 thoroughly researched chapters, you will discover: Written with crystal clarity and without unnecessary technical jargon, this book transforms a complex topic into a fascinating narrative about power, technology, and the future of society. It includes detailed analyses of China's digital yuan, the digital euro project, the US debate, and dozens of pilots in Africa, Asia, and Latin America.
The global race for digital money: From the Bahamas' Sand Dollar-the world's first CBDC-to China's digital yuan used by 260 million people, to ambitious European plans and surprising US rejection. Real-world cases that are changing the world: Filipino workers sending instant remittances for pennies. Governments distributing programmable aid. Refrigerators negotiating electricity prices. This is not science fiction; it is happening now.
The dilemmas that will define our future: Privacy or transparency? Innovation or stability? Government control or individual freedom? The decisions made today about CBDCs will determine how we live tomorrow.
The risks no one wants to mention: From Big Brother-style total surveillance to the collapse of the traditional banking system, from massive cyberattacks to the digital exclusion of millions.
Essential for: Investors, financial professionals, policymakers, technologists, and any citizen who wants to understand how the digitization of money will affect their life, their savings, and their freedom.
Don't wait for change to surprise you.
The future of money is being written now, and this book is your survival guide for the era of sovereign digital currencies.