128 - I asked ChatGPT about why CBDCs will fail

Have you used ChatGPT? I was interested to know what it would give me back regarding CBDCs and why they're unlikely to be implemented on a large scale. Tune in today to hear the assessment I received from ChatGPT regarding the problems facing CBDCs versus my own! Which do you like better?   If you found value in this episode, I would really appreciate it if you could leave a review! My mission is to help and support as many FinTech startups as possible, and when you leave a positive review, more people can find this podcast and help their companies! If you are on Apple, just click here to review, select "Ratings and Reviews" and "Write a Review" and tell me what your favorite part of the podcast is.    Today's episode: [00:39] I used ChatGPT to ask about CBDCs and this is what AI gave me back.  [02:33] A quick structure to follow for this episode.  [03:07] Here's what ChatGPT had to say about CBDCs.  [05:13] ChatGPT's concerns about implementation of CBDCs.  [07:00] My analysis and concerns regarding CBDCs and their use. [08:55] The first of three main obstacles facing CBDCs.  [11:05] CBDCs will not solve the financial inclusion problem.  [12:18] There are substantial reservations about CBDCs from established banks. [13:53] Have you used ChatGPT? How do you feel about the difference in our conclusion regarding CBDCs?   Show links: Interested in FinTech compliance? - consider investing in the FinTech Compliance Self-Starter Package! I would love to invite you to sign up for my newsletter. If you are interested, please click here.

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