Federal Reserve Begins Discussing “Government Digital Currency” | Informing America

The U.S. Government announced this week that they are exploring the possibility of issuing a Government digital currency with many corporations and agencies including big tech companies.  Currently crypto currencies like Bitcoin are used in online video gaming,  the pay per view porn industry and other online subscriptions.  About 18 months ago China released the People's Republic of China's "Digital Yuan" and they have been slowly implementing it throughout their society and other cooperative countries.

Over the past three years, Facebook owners have proposed a digital currency called Libra and later the Diem to the U.S. legislators but the Senate Finance Committee rejected it stating that it might put pressure on the U.S. Dollar.

One of the important considerations in this discussion is that digital currency is most often used in social media and online gaming where the big tech companies gather significant personal data on the user.  Social media companies track users searches, clicks, locations, music tastes, preferances in celebrities, medical inquiries, and yes pornography engagement and sell that data to millions of ad buyers and marketing corporations.

The question is: if the U.S. Government provides a federal crypto currency, who will get access to the data gathered in the buy/sell/search transaction?  And what if the user is a minor?  And what if it involves a sex act?  Or a sex act involving a minor using crypto currency?