🚀Bank of Canada's latest paper explores the challenges of creating a truly inclusive Central Bank Digital Currency (CBDC). Turns out, it's not as easy as flipping a switch! đŸ€”

- Financial inclusion, digital inclusion, and practical accessibility are the three key ingredients for a universally accessible payment method.

- Private financial institutions might not be motivated to cater to the underserved. Oops! 🙊

- The number of people facing barriers to financial access is larger than previously assumed. Yikes!

Time for central banks to step up and tackle these nontraditional challenges. Let's make CBDCs accessible for all! 🌐đŸ’Ș