RE: Finally, someone other than me sees this about CBDCs

I do know for a fact from experience that my bank gives me debit and credit alerts late. Most times, I run multiple transaction at the same time. I get a credit alert first, before a debit. And my balance is always funny.

For instant, if I had N30000 and ran a transfer of N15000, and I am supposed to have a balance of N15000(let's not take the charges out).

And almost immediately,I transfer N20000 from another bank account of mine to the previous account.

I am supposed to have a balance of N35000

Wait, let me tell what my bank does.

They will give me a credit alert first before a debit.

The part that gets funny is that once the credit alert comes, my Bank balance will be correct. But the moment the debit alerts comes later, my balance reflects the original N15000 from the first transfer I made instead of balancing up to N35000.

The first time it happened, I had to run to my bank app and check. These days, I have gotten used to this digital prank.

I understand they delayed registering a debit alert with the remaining balance. Instead, rush off to give me a credit alert with the right balance, follow by the debit with an incorrect balance

I don't know if you understand. But I am trying to point out that you are right about this 👇👇

For the most of it, it makes us understand that the figures displayed in our account balances are just numbers, the physical cash is barely in reserves, meaning that loading an account up with virtual money is very easy

By the way, what the heck is CBDCs? 😴