What's in your wallet? If CBDC supporters have their way, nothing reliable

In December, Reuters reports, India's "digital rupee" crossed the milestone of more than one million transactions per day. Meanwhile, in early January, the European Union's central bank published a rulebook for, and Spain's central bank selected "partners" in a pilot/test program for, their own central bank digital currencies (CBDCs). In the US, CBDCs remain at the debate stage.