The CBDC Pilot Report — An Analysis
<h1>The CBDC Pilot Report</h1>
<p>Reviewing the <a href="https://www.rba.gov.au/payments-and-infrastructure/central-bank-digital-currency/pdf/australian-cbdc-pilot-for-digital-finance-innovation-project-report.pdf" rel="noopener ugc nofollow" target="_blank">recent report</a> on the Australian Central Bank Digital Currency Pilot (<strong>Pilot</strong>) run by the <a href="https://www.rba.gov.au/payments-and-infrastructure/central-bank-digital-currency/" rel="noopener ugc nofollow" target="_blank">Reserve Bank of Australia</a> (<strong>RBA</strong>) and the <a href="https://dfcrc.com.au/cbdc/" rel="noopener ugc nofollow" target="_blank">Digital Finance Cooperative Research Centre</a> (<strong>DFCRC</strong>), my mind goes to two statements. The first from Shakespeare and the second from the political scientist Arthur Bentley.</p>
<p>As a general rule and in the context of Macbeth contemplating a significant decision, Shakespeare portrays Macbeth seeking third-party opinions before deciding whether or not to kill Duncan, in order to become king. Shakespeare writes:</p>
<blockquote>
<p><em>…I have bought Golden opinions from all sorts of people[.]</em></p>
<p>— Macbeth, Scene 1, Act 10</p>
</blockquote>
<p>Arthur Bentley, while talking specifically about the epistemological study of politics, helpfully summarises why relative limits on inquiries into things do not always make sense:</p>
<p><a href="https://medium.com/@angus_83517/the-cbdc-pilot-report-an-analysis-ac0af980decf"><strong>Learn More</strong></a></p>