1. How will the introduction of central bank digital currencies change the financial system?

The introduction of central bank digital currencies (CBDCs) could really shake up the financial system:

More people will be able to access financial services: CBDCs can help those without bank accounts, and payments using CBDCs can be cheaper and faster than traditional bank transfers.
In addition, central banks will be able to better control the money supply and interest rates.

- Less illegal activities: Transparent transactions can reduce corruption and illegal activities.