Sunday, May 26, 2024

Tag: Digital Dollar

The economic effects of the billions of dollars lost due to FTX's collapse are starting to be felt, and the digital dollar is one of them.
The fact that Biden is planning a new digital currency is no secret. There are several reasons why you should be very worried about this as it is suspected that such a new proposal will provide the federal government authority over large portions of society and the economy.
According to the White House, US President Joe Biden signed an executive order on Wednesday for the creation of digital dollar directing the government to evaluate the risks and benefits of developing a central bank digital currency, as well as other cryptocurrency concerns.