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Bloomberg Live.com slash automation slash radio. Hello and welcome to another episode of the Odd Lots Podcast. I'm Tracy Allaway.

And I'm Joe Wisenthall.

Joe, we like to talk about money, don't we? And you know what I realize the other day? There's, well, we've spoken a lot about different types of money. So we've done cash, we've done historical forms of money, we've done a ton on Bitcoin, eithrium,

cryptocurencies.

We've even talked about that time

you developed your own cryptocurrency,

but there's one type of money

that we haven't actually done an episode on yet.

Tell me more.

So, there is a type of money that sort of straddles the world of digital currencies and traditional forms of money I think and that is the

Central Bank digital currency or CBDC for short. Oh yeah, no, this is an interesting area because yes, alongside the sort of emergence of private,

independent digital currencies.

We have seen Central Banks all around the world

do some efforts towards implementing their own

or creating their own, highlighting projects of essentially having yeah digital

versions of cash I guess I guess you would say and I think China is fairly far

along with its endeavor but I don't think any of them have really taken off yet, but definitely an area that I think a lot of people are pretty interested in for a lot of different policy aim.

Yeah, that's the thing is you wouldn't necessarily expect this to be the case but a lot of the

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