Re:Central Bank Digital Currencies are coming
by dalbasal on Monday October 19, 2020 @07:48AM
(#24825433)
..are are they a "currency" in any augmented way, or is it just currency as it is now?
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Re:Central Bank Digital Currencies are coming
by anm89 on Tuesday October 20, 2020 @04:50PM
(#24842246)
The only currency involved in a digital dollar is USD. There is no new currency proposed here.
The thing that makes an existing dollar digital is being in a new type of bank account that is held by the fed instead of a retail bank. So this is an new type of bank account, not a new type of currency.
I do a youtube channel on monetary issues and my last video was specifically on this topic. Feel free to check it out if you are interested