Thread regarding Wells Fargo & Co. layoffs

Central Bank Digital Currency effects on WF

Your thoughts?

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| 1052 views | | 6 replies (last ) | Reply
Post ID: @OP+1hG3om9E

6 replies (most recent on top)

This will never happen.

CBs will never adjust.

It took them 20 years to make a decent website.

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Post ID: @1imv+1hG3om9E

Old news... practical from a theoretical perspective, however it will be resisted mostly by banks. Not an immediate concern for this old and troubled bank.

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Post ID: @jgn+1hG3om9E

Um, our currency is already digital.

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Post ID: @vkf+1hG3om9E

Governments still need a way to launder money. Banks will provide that service.

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Post ID: @avy+1hG3om9E

If CDBC has to happen, it would happen in the two-tier system that mimics the status-quo (not my view, but policy makers’ consensus).

With that, WFC has more important things to worry than CDBC.

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Post ID: @mro+1hG3om9E

RTO has done nothing but send employee morale deep into the toilet.

Work isn't getting done on time. Accuracy is out the window. People are going out of their way to do less.

It's not going to stop until RTO does.

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Post ID: @kvx+1hG3om9E

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