COVID19 provides an entry point for the digital dollar? ¶
By: Jason E. Barkeloo on March 28, 2020, 5:16 p.m.
Analysis: Are the ‘digital dollars’ in the $2 trillion stimulus plan the first step toward an American CBDC?
U.S. and China are in a race to be first to have a central bank digital currency. Covid-19's devastating economic impact may be hastening the creation of a U.S. one.
"Buried in the 1,000 page stimulus bill before the U.S. Congress is a provision to create a “digital dollar’” as a means to distribute government aid to people and businesses battered by the coronavirus."
Jason E. Barkeloo
Chairman & Founder, Open Therapeutics