MC11. Which of the following is a potential disadvantage of a token-based CBDC?
A. Increased transaction costs
B. Reduced privacy
C. Limited scalability
D. Decreased security
Answer:C
MC11. Which of the following is a potential disadvantage of a token-based CBDC?
A. Increased transaction costs B. Reduced privacy C. Limited scalability D. Decreased security
Explanation: Token-based CBDCs may have limited scalability as they require a large number of tokens to be created to represent the value of the currency.