What is CBDC? | Central Bank Digital Currency | Code Eater - Blockchain | Hindi

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Join me in this intriguing video as we explore Central Bank Digital Currencies (CBDCs). Discover how CBDCs are revolutionizing the financial sector, their benefits, and potential challenges. From enhancing financial inclusion to redefining monetary policy, CBDCs have the power to transform the way we transact. We'll also delve into the technology behind CBDCs and global adoption trends. Don't miss this insightful journey into the future of digital currency!
⭐️Course Contents ⭐️
⌨️ (0:00:00) Introduction
⌨️ (00:00:40) Real use case of CBDC
⌨️ (00:02:59) Contents
⌨️ (00:05:00) Countries using CBDC
⌨️ (00:08:23) What is CBDC?
⌨️ (00:11:36) CBDC in India
⌨️ (00:12:57) CBDC vs Online Payment Method
⌨️ (00:17:44) CBDC vs Fiat Currency
⌨️ (00:18:51) Benefits of CBDC to government
⌨️ (00:20:09) Benefits of CBDC to consumers
⌨️ (00:21:48) Issues in adopting CBDC
⌨️ (00:23:22) Types of CBDC
⌨️ (00:23:49) Cryptocurrency vs CBDC
⌨️ (00:29:10) Blockchain & CBDC
⌨️ (00:30:13) CBDC mining
⌨️ (00:30:44) CBDC vs stablecoin
⌨️ (00:33:11) Threats of CBDC
CBDC quiz - forms.gle/oSLWBMbooqXJPs6F6
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CBDC Tracker - www.atlanticcouncil.org/cbdct...
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[@nirmalvikasmishra312]

Thanks buddy for explaining it in a very clear format 👍

[@sabbakarim2110]

No one can explain like this way ❤ thank you so much 🙏🏻

[@kaaltatvacoders3931]

I am working in cbdc and ripple technology, I can confirm yur content is amazing

[@heysourin]

Thank you for this video sir 🙏🏼

[@AhmedKhan-rt6oz]

Watched your video after a long time , 1 of earliest subscriber 🎉

[@romanshilpakar]

Very information and helpful

[@pratiksanyaja]

Thanks sir :)

[@seema2522]

Excellent 👌

[@sigmamale7914]

pls build a video over Token Swap Dapp with 0x protocol / defi dapp

[@Rightway283]

Aapne ek project banaya h polygon pe uska code edit krke set ho jayega

[@seema2522]

Super 👍

[@noobman7632]

True cashless but its dangerous

[@amarpm5996]

Very informative. I too think the same dt this will give real boost to cryptocurrencies usage & importance.

[@purnimachaudhari]

What about 30% tax if crypto coin is converted to Fiat currency.

[@ASHOKKUMAR-vn5ky]

Very very good vedio

[@aashish3106]

Start your new live classes... With minimum fee please

[@Rightway283]

Muje polygon network pr ek project bnana h

[@AhmedKhan-rt6oz]

Decentralization will be the future

[@rameshwarlalchoudhary3234]

fon pe petym upi me thard parti ata hay cbdc me p2p pement hoga smart contract very fai hota hay yha thard parti ka koi esu nahi hota hay ski wajh se benk karmchai bhi kam hojay ga benk khali ensorex bechega sip dhire dhire benk hi khatam ho jaye ga.sir tq❤❤

[@AjayBadgujar]

The biggest issue is, most sellers and service providers don't accept any kind of digital payment because they don't want to pay the tax to the government.

[@ShayarSaab108]

They have to once it will be announced as an legal tender.

[@dharmganga776]

Sir DLT ke baare me video banao

[@CodeEater21]

Sure

[@AkashKumar-oo8hy]

if internet is not required what can be the alternative? Is'nt it must to have some type of connection to transfer the digital currency?

[@CodeEater21]

Digital currency is a data which can be transferred via Bluetooth or radio waves

[@purnimachaudhari]

even NFC. but all three alternatives need compatible phones too, at both ends, which are expensive. I think GOI will make compulsory to all mobile manufactures 😮 NFC.

[@n.lbelho9679]

Can i if transfer money to someone who is not using this app to the bank account?

[@CodeEater21]

Not sure. That will depend on country to country.

[@ilovepeace]

Q1: if offline transfer is available then is it secure ? Can hacker manipulate coins ? Q2: When i transfer money from my bank account to cbdc, at backend, who will keep the cash that is transferred from my bank account to cbdc ?(Rbi?)

[@CodeEater21]

1) Everything that is centralized can be manipulated. 2) Wallet controlled by banks/government. RBI can be the one

[@ilovepeace]

@@CodeEater21 thanks bro, i really appreciate your hardwork making these detailed videos 😊 i saw many videos of you and all felt genuine and useful

[@nitinparmar5333]

7माह हो गया पायलट प्रोजेक्ट लांच हुए आगे नही बढ़ रहा।

[@pankajkumarchaudhary6900]

अब इसे दूसरा चरण में शेयर मार्केट म्यूचअल फण्ड के ट्रांसेक्शन में try करनी चाहिए।पर कैस लैस का विरोध होना चाहिए।कैस अनिवार्य होनी चाहिये।

[@doctoronline461]

can you put this slides on telegram ?

[@CodeEater21]

It's there. Click on the drive link pinned in the group

[@doctoronline461]

@@CodeEater21 Only 8 different slides are there, can you upload the slides of more videos?

[@xaybzc3778]

can you explain how cbdc works without internet

[@CodeEater21]

Digital currency is like data which can be transferred using Bluetooth or radio waves. Definitely it requires implementation

[@xaybzc3778]

@@CodeEater21 crystal clear sir.thank you.

[@ramprakashbhatt6672]

RBI will keep anonymity of CBDC. Tracking of CBDC will be 100%. But govt will only investigate whenever Police FIR, ED or CBI Involved. There will be limitations of transactions or on hand CBDC. There will be positivity and negativity in all systems, but whatever is good for national interest should be adopted fast. Implemented will be gradually.

[@CodeEater21]

en.wikipedia.org/wiki/2016_Indian_bank_data_breach#:~:text=The%202016%20Indian%20bank%20data,were%20among%20the%20worst%20hit.

[@CodeEater21]

www.moneycontrol.com/news/business/banks/indian-banks-reported-248-data-breaches-in-last-four-years-says-government-8940891.html

[@ME-tc7fk]

ghnta dont trust goverment or specially banks

[@bstchlb]

10 mahine ho Gaye iss video ko air Abhi Tak ghanta nahi aya

[@be_unstoppble]

DoA attack jaisa he CDBC me bhi attack ho sakta attackers use phishing techniques also mobile phone theft are on higher number because after all CDBC would be conducted over an phone

[@purnimachaudhari]

Attack is speculation. We can't stop boarding a train speculating accidents.

[@goldandsilverassociation2510]

माइनिंग करके किप्टो जनरेट किया जाता है उसी किप्टो को कंट्रोल बेलेन्स ऐमाउट बनाया गया है वहीं ई रुपी है

[@uttarakhandfilms7521]

The opening was good but as you progressed your lack of understanding of the working of Central Banks was exposed. No Govt can print unlimited money - digital or non digital . Because it has multiple consequences including inflation and currency valuation. Further every Govt has some form of fiscal discipline. (Just recall recent developments in USA) Since CBDC would be controlled by the sovereign Govt., they will naturally he responsible for any problems, disputes,frauds etc. Crypto is actually the most dangerous storage of value because there is no one responsible, answerable, demand-supply controller in this scenario.

[@CodeEater21]

Please see the case of Zimbabwe you will understand what governments can do. Please check the data on quantitative easing (Creation of new money) in various countries. You will see how the government is printing money and inflating the prices.

[@CodeEater21]

You can back to the history of Rome as well and how the were debasement the gold coins. And we are repeating the same phenomenon by printing more and more money.

[@ayushman2391]

😢😢😢

[@purnimachaudhari]

UPI Is operated by apps and they are demanding 2% MDR means you will have to pay ₹2/-extra for every transaction upto ₹100/-.and on. CBDC is free and will be free, being a cash.

[@CodeEater21]

Nothing is free. Please explore what America has to say about it. It will be acting as a surveillance tool by the government.

[@ME-tc7fk]

very informative video world is doomed bro support people like elon musk they are fighting agaisnt this

[@otakubabaji]

guys if you want to be rich buy XRP now

[@anudeepreddy1027]

Bhai mujhe abhi canara bank se sms aaya ki wo CBDC project ko implement Kiya Hai (Canara Digital Rupee) 😂😂

[@CodeEater21]

[@MohammadArif-wh9sv]

Sir I have been paid serious amount of ERC20 Ethereum tokens through smart contract, but I am not sure if they have any real value. Could you please help its urgent. It seems like I am scammed Sir🙏🙏🙏

[@CodeEater21]

What can I help here?

[@MohammadArif-wh9sv]

@@CodeEater21 Sir I just want you to read the smart contract if its real or fake.

[@MohammadArif-wh9sv]

Sir I lost usd 8000 in smart contract scam. You could have saved me 😢

[@arbaazhussain5212]

notes sir?

[@CodeEater21]

In description

[@arbaazhussain5212]

@@CodeEater21 sir the telegram link is given but after joining i am not able to find the notes

[@lalitapar2116]

UPI is Best CBDC not trusted

[@goldandsilverassociation2510]

बेंक का रोल कभी खत्म नहीं कर सकते हो रीशक फेकटर सर्विस फेकटर लोन फेकटर डिपोजिट सेफ फेकटर बेकिंग भारत के सभी गांव शहरों में मिल जायेगी सर्विस हो या समस्या बेंक जाकर बोल सकते हो कंपनी के करंट एकाउंट करोड़ों रुपए मैनेज होते हैं यह रकम मोबाइल से रखना और संभालना सरल नहीं हो सकता है इसलिए बेकिंग चाहिए

[@CodeEater21]

Baat sahi hai apki.. pr jaise jaise chize aage badh rai hai..sb kuch tech based hoga

[@AhmedKhan-rt6oz]

Army officials and politicians here in Pakistan hold the most of black money 🤑💰

[@hardiksharma2627]

right

[@purnimachaudhari]

Pakistan is sovereign country. Indian rules don't apply there.

[@DIRECT_DARBHANGA]

इस तरह मुंह खोल कर फोटो लगा रहा क्या बात है 😅

[@sarwannegi6977]

Hello brother nice information, me abhi do theen din se aapka chanel dekh raha hu kafi achha or techanical content he appka. Mujhe aapni beti ke career ko ke kar kuch question he could you please check your mail. Thank you in Advance