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#Fed Lays Groundwork for ‘#Digital #Dollar’ That Would Give Gov’t Unprecedented Control Over The American People
The Digital Dollar is coming and the Federal Reserve is laying the groundwork. Notably, it would give the Gov't unprecedented control over the American people.
"When Gov't can say 'if you don't comply with what we want, we can drain your bank account...' that becomes a problem."
Watch the full conversation on what we know about the creation of the Digital Dollar here: https://youtu.be/omz_iKb4Wlk?t=782
Follow for more news: https://t.me/rachblevins
Join the conversation: https://t.me/rachblevinsgroup
The Digital Dollar is coming and the Federal Reserve is laying the groundwork. Notably, it would give the Gov't unprecedented control over the American people.
"When Gov't can say 'if you don't comply with what we want, we can drain your bank account...' that becomes a problem."
Watch the full conversation on what we know about the creation of the Digital Dollar here: https://youtu.be/omz_iKb4Wlk?t=782
Follow for more news: https://t.me/rachblevins
Join the conversation: https://t.me/rachblevinsgroup
#Fed Designs #Digital #Dollar That Handles 1.7 Million Transactions Per Second
According to the Boston Fed, the second phase of Project Hamilton will demonstrate how OpenCBDC will build upon the initial model to allow flexibility in design that will incorporate how policymakers may implement an actual #CBDC.
https://www.forbes.com/sites/jasonbrett/2022/02/07/fed-designs-digital-dollar-that-handles-17-million-transactions-per-second/
https://dci.mit.edu/project-hamilton-building-a-hypothetical-cbdc
According to the Boston Fed, the second phase of Project Hamilton will demonstrate how OpenCBDC will build upon the initial model to allow flexibility in design that will incorporate how policymakers may implement an actual #CBDC.
https://www.forbes.com/sites/jasonbrett/2022/02/07/fed-designs-digital-dollar-that-handles-17-million-transactions-per-second/
https://dci.mit.edu/project-hamilton-building-a-hypothetical-cbdc
Forbes
Fed Designs Digital Dollar That Handles 1.7 Million Transactions Per Second
As the race against China’s development of its central bank digital currency (CBDC) known as the digital yuan continues, the U.S. Federal Reserve accomplished a feat in testing a design for a U.S. digital dollar that in one of two tests, managed to handle…