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A comment on Fed “digital dollars” are part of debate over coronavirus stimulus. Parent comment

Re:Fed “digital dollars” are part of debate over coronavirus... by sneak on Tuesday March 24, 2020 @10:28PM (#22681461)
I don't think they intend to make any convenient routes for these digital dollars back to untraceable cash.

After all, they'll be debit-card accessible to buy food or supplies; why would you need cash unless you're going to buy drugs or something?

They're talking about using these digital dollars instead of checks, for the unbanked and those without addresses at which they could receive a check, et c.

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Re:Fed “digital dollars” are part of debate over coronavirus... by digitalnative97 on Tuesday March 24, 2020 @10:34PM (#22681495)
In California EBT recipients can cash their Cash aid at certain ATMs.
[ Parent | on HN ]
Re:Fed “digital dollars” are part of debate over coronavirus... by sneak on Wednesday March 25, 2020 @07:09AM (#22683486)
Which makes a log of when and where the card was used to receive cash, as well as provides digital imagery of who used it.

Checks don’t do this.

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