CBDC: The End of Banking as We Know It? | Richard Werner

Donate: 🙏https://www.buymeacoffee.com/slobodnipoI Richard Werner warns that CBDCs (central bank digital currencies) aren’t just “new money” — they’re a structural rewrite of the financial system. His core claim: a CBDC effectively turns the central bank into a direct competitor to commercial banks, because citizens could hold accounts with the central bank itself. Werner argues this creates a built-in crisis dynamic: in any panic, people would likely move funds from banks to the perceived “safe haven” of the central bank — accelerating a bank run and potentially gutting the traditional banking system. He says the result would be deeper centralization of finance and political control. He also warns that a CBDC could be programmable, enabling restrictions such as what you can buy, where you can spend, and by when — potentially enforced through AI-driven rules. In Werner’s view, that’s not modernization; it’s a pathway to algorithmic governance over everyday life. WEB: https://slobodnipodcast.hr/2026/01/05/europa-novac-i-rat-sto-nam-richard-werner-zapravo-govori/ FULL epizode: https://www.youtube.com/playlist?list=PLJTy3oXCzHShsVuJ-zfiGnx96nuR-BNWB