CBDC as a store of value threatens financial system, says German official

[Dociko]

The German central bank is considering alternatives to CBDC as a digital payment solutions. Burkhard Balz, a German politician and executive board member of the country's central bank, said in a speech on Oct. 20 that it was crucial to build tools to restrict how the digital euro is used upon launch.

Balz emphasized that people should only be able to use the central bank-backed digital euro as a mode of payment and not as a store of value.
Details: https://cointelegraph.com/news/cbdc-as-a-store-of-value-threatens-financial-system-says-german-official