Senate Hearing Sees Digital Dollar as a Tool for Economic Supremacy
The digital dollar again appeared during a Senate hearing. However, it wasn’t the focus of the hearing, but rather just another tool that can be used to maintain U.S. hegemony.
Tag: Digital Dollar
How a Digital Dollar Can Make the Financial System More Equitable
Digital dollars can promote a more inclusive financial system, or they can contribute to already-growing economic inequality in the U.S.
Digital Dollar? Get Real, Financial Inclusion Advocates Tell Congress
Currently just a flashy idea, the digital dollar is competing with duller but proven methods for the job of getting stimulus funds to every U.S. resident.
National Science Foundation Funds Research Into Crypto Dollars
The National Science Foundation has given blockchain startup KRNC $225,000 to design cryptocurrency features for the U.S. dollar.
Digital Dollar Project Calls for 2-Tiered Distribution System in First White Paper for US CBDC
The Digital Dollar Project’s first white paper describes how a two-tiered system underpinning a tokenized dollar could modernize the U.S. financial system.
Digital Dollars Give the State Too Much Control Over Money
Arming the Federal Reserve with a digital dollar would harm the free market, says Max Raskin, an NYU adjunct professor of law.
Digital Dollars Can Reduce Unemployment, Here’s How
A blueprint for a central bank digital currency designed with a specific purpose: stopping layoffs.
BIS Researchers Say Coronavirus Could Spur Central Banks to Adopt Digital Payments
BIS researchers think COVID-19 may accelerate the adoption of digital payments and sharpen the debate over central bank digital currencies.
How Blockchain Tech Can Make Coronavirus Relief More Effective
Smart contracts and distributed ledgers can bring accountability and certainty to coronavirus relief efforts, says economist Stephanie Hurder.
How Central Banks Could Use Digital Cash to Deliver Universal Basic Income
Central banks are well placed to deliver regular, no-questions-asked monthly payments to everyone, and to manage any ensuing inflation.
