Central Bank Digital Currency: Paper Money isn’t the Solution Physical paper money solves some of the privacy and security issues inherent in central bank digital currencies (CBDCs). But a lot of people seem to have forgotten that government-issued paper fiat is the parent of a CBDC, and it won’t solve the more fundamental problem – whether physical or digital, fiat currency isn’t real money. https://tenthamendmentcenter.com/2023/05/02/central-bank-digital-currency-paper-money-isnt-the-solution/