Again, my favourite economist lays it out so clearly that a layperson can understand it:
https://www.youtube.com/watch?v=0fzhipipZ60
Oh look! The BIS (note their logo) is starting to think about Central Banks crypto currencies: poor things, probably been left behind in the global monetary reset (nudge, nudge, wink, wink):
https://www.bis.org/publ/qtrpdf/r_qt1709f.htm
(Read the Protocols for more on this!)
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