Digital dollar Archives - Page 2 of 3

Fedcoin: A New Scheme for Tyranny and Poverty

Jul 27, 2020 | Digital Currency

If some Congress members get their way, the Federal Reserve may soon be able to track many of your purchases in real time and share that information with government agencies. This is just one of the problems with the proposed “digital dollar” or “fedcoin.” Fedcoin was...

Digital dollar would give Fed too much power, says bankers association

Jun 30, 2020 | Uncategorized

Testimonies provided to the Senate today disagreed with the American Bankers Association. he American Bankers Association, a private consortium of American banks, said in a testimony at a US FinTech task force hearing earlier this month that a central bank...

Economist Suggest Direct Stimulus Checks From Fed With Social Security Number

Jun 29, 2020 | Economic Collapse

COVID-19 has left the U.S. and global economies in tough shape. After a steep decline in economic activity that began in February, the economy added 2.5 million jobs in May. Lost in all the celebration were 295,000 more workers—and over 1 million over the last three...

Congress Has Now Introduced 32 Crypto & Blockchain Bills

Apr 29, 2020 | Cryptocurrency

There appears to be no shortage of interest in cryptocurrency and blockchain policy in D.C. as Members in the House of Representatives and U.S. Senators have introduced a total of 32 bills in the 116th Congress. Thanks to Facebook’s introduction of Project Libra,...