06/12/2021 07:00 AM EDT, a move that could shake up banks, give millions of low-income Americans access to the financial system and fortify the dollar's status as the world’s reserve currency.
Now, central banks around the world have begun exploring the idea of issuing their own digital currencies — a fiat version of a cryptocurrency that would operate more like physical cash — that would have some of the same technological benefits as other cryptocurrencies. Sen. Elizabeth Warren, D-Mass., speaks during a Senate Finance Committee hearing on the IRS budget request on Capitol Hill in Washington, Tuesday, June 8, 2021. | Evelyn Hockstein/AP Photo
Still, there are a slew of unanswered policy questions around how a digital dollar would be designed, such as how people would get access to the money, or how much information the government would be able to see about individual transactions. The decision is also tied to a far more controversial policy supported by Democrats like Warren and Senate Banking Chair Sherrod Brown to give regular Americans accounts at the Fed.
Lol
Uh, no thanks.
Oh no yhr banks wont make money off of our money cause we are skipping the middle man who the fuk cares? They were responsible for the 2008 crash if anything they should be deported or more regulated so they can crash the system again. This nation is FOR THE PEOPLE NOT THE BANKS!
Because the Chinese are digitizing in order to make the Yuan the reserve currency.
Daha çok geriye götürecekler herhalde ülkeyi. İngilizlerin yaptığı gibi boşuna yapmayın, Bitcoin gibi. Çünkü fazla bir işe yarayacağını sanmıyorum. Boş iş yani. Benden tavsiye. !!! 🤔🤔🤔
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