@cryptocracyOnNoiseApp 23 September 2022 more from that month

One of the biggest concerns regarding the recently published Treasury Department report on CBDCs, titled The Future of Money and Payments, is that a central bank digital currency (CBDC) could easily be used to track private citizens. And because it could be used that way, the fear is that it will be used that way. Of course, much of that fear springs from imaginations belonging to people who haven’t read the document. I’m more interested in what the Treasury actually proposed rather than what a bunch of fearmongers are saying. So, I read the 56-page report from beginning to end. https://cryptocracy.substack.com/p/whats-in-the-us-treasury-cbdc-proposal