How will you protect your digital dollars, should your way of thinking become criminal?

[1903 Perfection]

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 1.7 million transactions per second.

www.forbes.com

 

[Keith_Indy]

More info:

The Future of Money - Neha Narula’s TED Talk (Director of the Digital Currency Initiative at MIT)

Why Central Bank Digital Currencies? - Liberty Street Economics

In the past year, a number of central banks have stepped up work on central bank digital currencies (CBDCs – see map). For central banks, are CBDCs just a defensive reaction to private-sector innovations in money, or are they an opportunity for the monetary system? In this post, we consider...

libertystreeteconomics.newyorkfed.org

Hmm, wonder how many of these team members are Chinese spies...

People — MIT Digital Currency Initiative

dci.mit.edu

 

[hooky]

Looking so forward to expiration date on digi dollars, just like China has done with theirs.

 

[jsx1043]

You won’t be able to protect your digital currency, that’s the point. It’s a feature, not a bug.

 

[1903 Perfection]

You won’t be able to protect your digital currency, that’s the point. It’s a feature, not a bug.

Yes...We are further down the road of totalitarianism than most of us want to admit. Not gonna get a vax?? Well, your assets will be forfeited, your ability to parent your children will be suspect...you WILL comply.

 

[jake blue]

I constantly tell people, my retirement is in gold and silver, brass and lead.

All this talk of a new form of currency is just the same old song and dance. I suspect an underground form of currency will emerge to avoid prying gov't eyes.