Fed Chair Jerome Powell Updates Work on Digital Dollar — Says US Central Bank Digital Currency Will Take 'at Least a Couple of Years'
“Cash is not disappearing here in the United States. We still use cash quite a lot,” he began. However, the central banker noted: “It is declining, not in absolute terms but compared to non-cash payments, it’s declining.” We are looking at it very carefully. We are evaluating both the policy issues and the technology issues, and we are doing that with a very broad scope.
The Fed chairman explained: “We see ourselves as working in collaboration with Congress … but also with the executive branch which brings expertise to many of the issues that we have to deal with here.”
Another surveilance tool for the folks in charge
The is a terrible idea for a democracy. Rather , the Fed should issue FDIC like insurance on stable coins that meet stringent reporting and transparency requirements.
Hmmmm can't beat BUSD
Great idea, I think it's no different from traditional USD, but the benefits are huge
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Phát hành làm gì khi CDBC với Fiat có gì khác biệt đâu.
Very bad behavior of Ethereum for purposely not making it go up since the merged of it . But it's so stupid that it's destroying itself by doing this as u can see never Ethereum gone straight line and now it's destroying itself by doing that
This is how they feed the mass. Bit by bit so they can follow a plan thats already been laid out for them🤡
I would rather use stablecoins like $USDT, $USDC, etc. Using CBDC at this stage feels experimental and scary tbh
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Powell should adopt Bitcoin having a superior blockchain technology!
Pure evil
Ah….. so you can print at blazing speed issit ?🤪
🌀
This nightmare is right around the corner. 😤 Say goodbye to privacy and freedom.
🚀Thnkss a millon.
🚀Thankss a millon
Lol, I only listen to ChiefraFba for signals and analysis