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A comment on The potential Orwellian horror of central bank digital currencies. Parent comment

Re:The potential Orwellian horror of central bank digital cu... by codehalo on Sunday July 11, 2021 @10:26PM (#27806286)
>This makes it seem like the Fed is worried about Venmo affecting the economy which I doubt it is.

Your doubts are correct. They are not. They are worried about cryptocurrencies.

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Re:The potential Orwellian horror of central bank digital cu... by elevenoh on Sunday July 11, 2021 @11:45PM (#27806773)
>They are worried about cryptocurrencies.

More fundamentally, they are worried about maintaining their status-quo power.

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Re:The potential Orwellian horror of central bank digital cu... by leohonexus on Sunday July 11, 2021 @10:30PM (#27806315)
Agreed. Seems like it's a big reason why Gensler was appointed Chairman of SEC.
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