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0 sats \ 0 replies \ @Aries 12 Feb \ on: Jerome Powell | “There will be no digital dollar under my leadership” econ
Especially considering Trump’s is not a fan of Powell.
The concept of CBDC holds promise for maintaining global dominance. However, resistance to change is a significant challenge.
Over the past five to ten years, we are witnessing gradual adoption of digital payment platforms such as Google Wallet, Apple Pay, Bitcoin, and various other apps like Venmo. If CBDC was to be created, adoption will be slow.