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So I wanted to note that this Barry Eichengreen since at least 2017 has been a huge CBDC promoter calling it "the future." Since at least then he has done numerous op-eds really trashing the crypto community.
In a 2021 article he did titled "Digital Currencies—More than a Passing Fad?" he stated, "Plain-vanilla cryptocurrencies like Bitcoin lack the essential attributes of money and are likely to remain no more than niche investment products."
Given his track record anything he says about crypto should be taken with a MASSIVE grain of salt and he and Sen. Warren and Rep. Sherman are all likely best friends in their hatred of crypto. He says this will make it a "Wild West" but what does that mean it is now?