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The Race to the First Central Bank Digital Currency

The Breakdown

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CBD Cs Are Not Crypto, They're a Government Surveillance Tool

There was some concern, especially from the crypto aligned part of congress in the senate, on the cbd c provisions. Senator ted cruwz also just released something very similar in the senate. On the other side of the isle, warren has come out in favor of a central bank digital currency. So i think it's safe to say that we are nudging towards the cb d cs era. It is not fully here yet. You don't have any of the great economies with the cBD c up and running,. Although china is certainly getting close. And frankly, i think it'm a good thing that we're making financial privacy such an issue now.

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