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Message Subject US Launching Five Digital Dollar Pilot Programs
Poster Handle Anonymous Coward
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what these ASS Hats aren't telling us is that they can't issue a digital dollar and still operate a fractional reserve banking model. If all dollars are accounted for on a public ledger then banks won't be able to counterfeit them in order to loan them out, rehypothicated 100 times over. CDBCs will fail because there is no limit to the quantity that can be created. If there is no scarcity, there is no long term value proposition and that is why even Dogecoin is better than the dollar.
 
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