Digital Canadian dollar
Bank of Canada,
Jun 26, 2023
Not directly related to edtech but I'm sure it wouldhave an impact: The Bank of Canada is "exploring the possibility of issuing a digital form of the Canadian dollar, also known as a central bank digital currency (CBDC)." There was a consultation on the idea last month. This page describes the concept, outlines the research they're doing, and links to social media () where you can follow developments. They add, "For a deep dive into digital currency, have a look at these resources: Understanding money in the 21st century—what money does and how we're handling it in the digital age; and The road to digital money—how you might pay for things in the future." I haven't really handled actual currency for several years (in Holland I did not touch a single actual Euro) so it doesn't seem like a big jump to me. Though: would you have the same privacy as when you use cash? They make promises - but we also say the government very quietly ask Shopify for all its transaction records for the last six years, so maybe not.
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