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Further Discussions => Banks & Cryptos => Topic started by: sirty143 on September 01, 2023, 09:18:38 AM

Title: US Lawmaker: Americans Don't Need CBDC That Can Track Purchases Like China's Dig
Post by: sirty143 on September 01, 2023, 09:18:38 AM

US Lawmaker: Americans Don't Need CBDC That Can Track Purchases Like China's Digital Yuan

(https://i.imgur.com/xeiUWSxm.jpg)

Several lawmakers have expressed concerns about the privacy risks of the Federal Reserve issuing a central bank digital currency (CBDC). “Americans have a right to financial privacy,” one congressman said, emphasizing... See more for yourself here (https://news.bitcoin.com/us-lawmaker-americans-dont-need-cbdc-that-can-track-purchases-like-chinas-digital-yuan/).

Your opinion is greatly appreciated.

Title: Re: US Lawmaker: Americans Don't Need CBDC That Can Track Purchases Like China's Dig
Post by: cryptoworld1 on September 04, 2023, 07:16:15 AM

Several lawmakers have expressed concerns about the privacy risks of the Federal Reserve issuing a central bank digital currency (CBDC). “Americans have a right to financial privacy,” one congressman said, emphasizing: “We do not need a CBDC that can track your purchases like China does with their digital yuan.” Another noted: “CBDC is to sound money what dictatorship is to freedom.”