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This short episode is an introduction to what is likely to be a controversial issue before too long - whether the United States should launch its own central bank backed digital currency, or CBDC. An Executive Order signed by the President in March directed a number of members of the Administration to look into U.S. digital currency. With the growth of the cryptocurrency market, governments are starting to want a piece of that pie, but with government involvement in digital currency come a lot of risks related to the privacy of individuals.
By Solis Veritas5
1212 ratings
This short episode is an introduction to what is likely to be a controversial issue before too long - whether the United States should launch its own central bank backed digital currency, or CBDC. An Executive Order signed by the President in March directed a number of members of the Administration to look into U.S. digital currency. With the growth of the cryptocurrency market, governments are starting to want a piece of that pie, but with government involvement in digital currency come a lot of risks related to the privacy of individuals.