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Cato Institute: Two Thirds of Commenters Concerned about CBDCwww.cato.org/blog/update-two-thirds-commenters-concerned-about-cbdc
65 sats \ 4 comments \ @cryptocoin 27 Jul 2022 bitcoin
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25 sats \ 0 replies \ @om 28 Jul 2022
An important clarification is that those are federalreserve.gov commenters, not cato.org commenters.
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10 sats \ 2 replies \ @cryptocoin OP 27 Jul 2022
A clear majority of the commenters still view a CBDC negatively. Specifically, more than 66 percent of the 2,052 commenters were concerned or outright opposed to the idea of a CBDC in the United States (Figure 1). The most common concerns were over financial privacy, financial oppression, and the risk of disintermediating the banking system.
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0 sats \ 1 reply \ @cryptocoin OP 27 Jul 2022
There is also an article on CoinDesk about the Cato's findings:
Officials at the Fed, which would be responsible for creating and maintaining a digital dollar, have said the agency won’t act on it without sign-off from Congress and the Biden administration, and some have predicted it would take at least five years to put in place.
Two-Thirds of Public Commenters Oppose US Adopting Digital Dollar: Cato Institute https://www.coindesk.com/policy/2022/07/27/two-thirds-of-public-commenters-oppose-us-adopting-digital-dollar-cato/
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0 sats \ 0 replies \ @cryptocoin OP 27 Jul 2022
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