A digital dollar comming?

A digital dollar comming?


During last week the United States Congress Financial Services Committee held a hearing about the creation of a “digital dollar.” Several well known individuals participated among them the former Chairman of the U.S. Commodity Futures Trading Commission, Christopher Giancarlo.

Even though the idea have been there a while, the current Covid19 crisis and the social distancing and lock down has have hurried up politicians to start talking about a digital dollar.

"The Digital Dollar Project is a partnership between Accenture (NYSE: ACN) and the Digital Dollar Foundation to advance exploration of a United States Central Bank Digital Currency (CBDC). The purpose of the Project is to encourage research and public discussion on the potential advantages of a digital dollar, convene private sector thought leaders and actors, and propose possible models to support the public sector. The Project will develop a framework for potential, practical steps that can be taken to establish a dollar CBDC."

https://www.digitaldollarproject.org/

 

Will this be a start of more governments pushing for their own digital currency? 

 

Recommended watching:  U.S. Financial Services Committee.

 

 

 

Please follow, comment and shear my blog.

And a big thanks for any likes and tips. 

Trade your coins at Coinbase.

Get free EOS: https://coinbase.com/earn/eos/invite/3w5t7vhp

Get free Stellar: https://coinbase.com/earn/xlm/invite/c6t4kzb7

Get free Orchid: https://coinbase.com/earn/oxt/invite/wy3hf75c


Panzer
Panzer

Sailor, investor, father and on my way to a fortune.


To make your own money machine.
To make your own money machine.

I will focus on getting an extra income with the aim to get financial independent before retirement.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.