Devil's Dollar (1)
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What does the Digital Dollar mean?
In July 2024, the Federal Reserve, which is the US's central bank, set up the tools needed
to make a digital form of the US Dollar.
It would be possible to watch and trace this digital version of the US Dollar. The government
could see all of our activities, decide how to spend our money, and keep an eye on
everything we do.
The Federal Reserve's digital form of the US dollar is often known as CBDC, which stands
for "Central Bank Digital Currency." But Teddy calls it the "Devil's Dollar," which is how he
got the name for his book.
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Why a Digital Version of the US Dollar is Bad
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