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• sub-Q3: Risks
• Question: 05. How could a CBDC affect financial stability? Would the net effect be positive or negative for stability?
• Question: 06. Could a CBDC adversely affect the financial sector? How might a CBDC affect the financial sector differently from stablecoins or other nonbank money?
• Question: 07. What tools could be considered to mitigate any adverse impact of CBDC on the financial sector? Would some of these tools diminish the potential benefits of a CBDC?
• 1. Risk of a Software Crisis
• 2. Risk of Lack of Stakeholder Buy-In
• 3. Risk Due to Poor Community of Interest (CoI) Governance
• 4. Risk Due to lack of Broad, Wide-Ranging Security Planning
• 5. Risk of Data being hacked due to weak Security Infrastructure
• 6. Risk of Meta-Data being hacked due to weak Security Infrastructure
• 7. Risk of Business Processes Being Hacked
• 8. Risk of competing Currency Models for the CBDC
• Question: 11. Are there additional ways to manage potential risks associated with CBDC that were not raised in this paper?
• 5.1 Benefits, Risks, and Policy Considerations
• 5.0 Questions and Responses
• 6.01 Elaborate the Newly Known Risks
• V. Administrivia