Federal Reserve Chairman Jerome Powell has provided an update on the Fed’s central bank digital currency work in a hearing before the House Financial Services Committee. While stating that the Fed is “making progress on technological issues,” Powell stressed that “policy issues are equally important.
When asked about the Fed’s decisions regarding the structure and architecture for a CBDC, the Fed chairman clarified: “How would this work? Does it work? What’s the best technology? What’s the most efficient? — we are really in an early stage,” he continued. We haven’t decided that this is something that the financial system in the country would want or need, so that’s going to be very important.
BTC CRUSH DESTINATION 8k/9k Wise people realize that only fools are investing
Money where they can say at any moment something like: your salary has a validity of 6 month, you didn't spend it! Bad luck, after that you're gone. Or you bought 3 coffee but you are only allowed to take 2. Lol... Or even much worse
$BTC = $8k
No one wants to be tracked and controlled by the government. crypto is freedom. Buy SHIB Shibarium SHIBARMY SayNoToCBDC
America was freedom. Now it's a dictatorship
Crypto can't be change, my heart to BTC 😘
China 2.0
CBDCs could turn into a Dystopian HELL if not regulated properly. NO ONE wants Big Brother all the way up their backside. I wish I still trusted anyone in the government. Alas, I do not.
They gonna buy bitcoin like in billions as it hit the bottom, every year trend. They are thugs and hypocrites.
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