CBDCs are a declaration of war against the banking system claims economist By Cointelegraph

CBDCs are a declaration of war against the banking system claims economist

CBDCs are a declaration of war against the banking system, Richard Werner — development economist and professor at De Montfort University — told Cointelegraph at Web Summit on Nov. 4.

Known for his quantitative easing theory, published almost 30 years ago, Werner is an advocate for a decentralized economy. In an exclusive interview with Cointelegraph’s editor-in-chief Kristina Lucrezia Cornèr, he discussed the challenges that surround decentralization, the role of central banks, and how blockchain can help promote transparency in economies.