I saw this article earlier and I saw this coming. The Fed doesn't want to let go of the dollar and plans to make sure their power stays there as long as possible.
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I saw this article earlier and I saw this coming. The Fed doesn't want to let go of the dollar and plans to make sure their power stays there as long as possible.
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I think Powell sees what some other bankers are starting to see. If they go full CBDC, it benefits the government, not the CB. In fact, what need is there for the central bank if there is a CBDC?
Makes them nonrelevant.
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Yes I agree but I thought the banks would jump ahead first with their own crypto or stablecoin first. I don't which will come first but it will definitely push the masses towards crypto adoption.
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