Crypto Critics' Corner cover image

The ECASH Act (Feat. Rohan Grey)

Crypto Critics' Corner

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Why the Federal Government Issues Cryptocurrencies?

The aim is to develop a publicly issued digital dollar that replicates and maintains the privacy anonimity decentralized processing features of physical cash. The word cbd c doesn't tell you really anything other than it's issued by the central bank. But in contrast to most traditionala banking te technologies that rely on a central banking intermediary, this involves no ledger whatever. It uses hardware rather than sort of coin on quoit soft ware as its base line.

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