Central Bank Digital Currencies | Quant.Network CEO Gilbert Verdian Explains How CBDCs Will Work: “The Current Form of Money That We Have Today Is Obsolete. Money Is Evolving to a Very Complicated Intelligent Form of Money We Call Smart Money.”
The current form of money is obsolete, and smart money is needed for the 21st century. The financial system will become complicated as AI takes over more of the action. The BRICS summit in Durban, South Africa, will introduce a new digital currency backed by commodities. The NDB, controlled by the BRICS, is an exact clone of the IMF. The currency is under attack, and the bank can give billions of dollars in loans until policy changes are made.