Cryptocurrency: CBDC Digital Fiat WARNING BELLS GOING OFF

Undescribed Horrific Abuse, One Victim & Survivor of Many gmkarl at gmail.com
Fri Jul 21 11:09:09 PDT 2023


# Is the digital dollar dead?

Prominent politicians want to make sure a central bank digital
currency never happens in the US—just as we’ve learned the basics of
how one might work.

By
Mike Orcuttarchive page
July 21, 2023

In 2020, digital currencies were one of the hottest topics in town.
China was well on its way to launching its own central bank digital
currency, or CBDC, and many other countries launched CBDC research
projects. Even Facebook has proposed a global digital currency, called
Libra[1].

Few eyebrows were raised when the Boston branch of the US Federal
Reserve announced a project to research how a CBDC might be
technically designed. A hypothetical US central bank digital currency
was hardly controversial, after all. And the US couldn’t afford to be
left behind.

How things change. Three years later, the digital dollar—even though
it doesn’t exist—has become political red meat, as some politicians
label it a dystopian tool for surveillance. And late last year, the
Boston Fed quietly stopped working on its project.

https://www.technologyreview.com/2023/07/21/1076645/is-the-digital-dollar-dead/


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