I missed this amidst everything else: Trump blocks the Fed from issuing CBDCs, effectively making crypto the only legal digital currency in the US
Posted by riceandcashews
I missed this amidst everything else: Trump blocks the Fed from issuing CBDCs, effectively making crypto the only legal digital currency in the US
Posted by riceandcashews
3 Comments
I wonder if Trump’s administration might genuinely want to undermine the USD and the Fed and ‘privatize’ currency issuance to crypto?
I feel like a lot of what Trump is up to in this arena is undercovered because the media is still largely very unsure of how it should be covering crypto. They’re also often terrified of editorializing.
Your comment shows a fundamental lack of understanding about “crypto”. Crypto is the only legal digital currency? You mean the thousands of different coins that all trade at different prices?