“The central bank will have the power to enforce dollar limits on our transactions restricting where you can send money, where you can spend it, and when money expires.”
What are dangers of a digital dollar?
‘The Monica Crowley’ podcast host Monica Crowley warns about the push to adopt a digital currency across the western world on ‘Kudlow.’
#Bitcoin = #freedom was mentioned too although what they got wrong, IMHO, is going back to gold standard.
The issue I have with the gold standard, is the trust in the issuer, not to create more money than they can back up. This works, until it doesn't.
In Bitcoin, we all have the power to verify the supply at any time, no trust in central authority is necessary.