So, the #Fed brings forth its long-awaited report on a central bank digital dollar and concludes... nothing.
— Michael McKee (@mckonomy) January 20, 2022
Paper outlines benefits and risks
Takes no position on whether to issue CBDC
Requests public comment on 20 different questions#cryptocurrency #CBDC 1/5
They can't take a position until the optics ensure favorable support for capital controls. There's no way to contain the harmonic oscillations of capital flow; aka "the cycle". Outflow from markets will crush industry, not a historically normal bear.https://t.co/3glPFVJqFS
— Captain Rational ??♂️(?,?) (@noahseidman) January 20, 2022
The Fed said at the end of 2020 they were going to release a paper about central bank digital currencies. First it was March, then it was June, then it was September, then it was "soon" and "soon" was November and then December. It came out today. https://t.co/yHpGXfqAIh
— Dion Rabouin ?? (@DionRabouin) January 20, 2022
Most importantly, as the report notes, Congress will ultimately decide whether we should create a US CBDC. I encourage you to submit comments to the Fed on a potential CBDC by May 20, 2022 here.https://t.co/c3OjY9bh1P
— Senator Cynthia Lummis (@SenLummis) January 20, 2022
Imagine feeling threatened by this dumpster fire https://t.co/Yu6oKzVwPz
— Do Kwon ? (@stablekwon) January 21, 2022
The Federal Reserve have released their long-awaited CBDC paper: https://t.co/9BqGL8gmSD#CBDC #CentralBank #FederalReserve #FED #Money #Cash #Crypto #Blockchain #DLT #Cryptocurrency #Finance #Fintech #Technology #USA #UnitedStates #America pic.twitter.com/Ice5EXaUMP
— Digital Pound Foundation (@digitalpoundfdn) January 20, 2022
The Fed just issued a 35 page paper on CBDC
— Joseph Brown (@heresyfinancial) January 21, 2022
And asked for public feedback.
You know what to do https://t.co/JqTkI3rish
The Fed has released its long anticipated white paper on the pros and cons of a digital dollar https://t.co/xk2Gr0fywV
— Nick Timiraos (@NickTimiraos) January 20, 2022
Breaking: Today the @federalreserve Board of Governors published the public consultation paper on central bank digital currencies (#CBDC): https://t.co/dfsh07c4AI pic.twitter.com/giE8DUx8aA
— Raphael Auer (@RaphAuer) January 20, 2022
FRB連邦準備制度は待望のCBDCペーパーをリリースしました: https://t.co/oNAuDjtwST#QNT #XDC #XinFin #CBDC #r3 #corda https://t.co/dBmevM95kN pic.twitter.com/55VcAsWIHg
— テスラ鉄子 Tetsuko Tesla998 (@saveourplanet_9) January 20, 2022
This is the long-awaited Fed's officially released for comment public paper on CBDC and digital US dollar.
— Kevin Yan (@Interneconomics) January 20, 2022
Money and Payments: The U.S. Dollar in the Age of Digital Transformationhttps://t.co/JMb315j6qGhttps://t.co/CpmBqkOTWr
The @federalreserve has published "Money and Payments: The U.S. Dollar in the Age of Digital Transformation", which examines the potential of a U.S. central bank digital currency. https://t.co/dvZ8S1uMRT pic.twitter.com/2z48xJIHqG
— Kelsey Hightower (@kelseyhightower) January 21, 2022
ICYMI: New Fed paper hints that a US CBDC could compete with ‘private digital money’https://t.co/J3rZj4iViM
— The Block (@TheBlock__) January 21, 2022
#xrpcommunity
— JamesRuleXRP?HODL?DYOR?I Told You So??? 119K (@RuleXRP) January 21, 2022
New Fed paper hints that a US CBDC could compete with ‘private digital money’ https://t.co/GjaYae6RHp
ANALYSIS: New Fed paper hints that a US CBDC could compete with ‘private digital money’
— The Block (@TheBlock__) January 20, 2022
by @mpmcsweeney https://t.co/MT9yPnvMGG
FRBの新論文は、米国のCBDCが「民間デジタルマネー」と競合する可能性を示唆
— 米国??トム仮想通貨通信? (@TOMcryptonews) January 21, 2022
概要
FRBは1日、新たな中央銀行デジタル通貨白書を発表
仮想通貨の話題はほとんど避けていますが、米国CBDCが 「民間デジタルマネー 」競合する可能性があることを示唆しています#ビットコインhttps://t.co/FmtdJfGvjc
新しい連邦政府の論文は、米国のCBDCが「プライベートデジタルマネー」と競合する可能性があることを示唆していますhttps://t.co/NpDaaqFCAa
— コイン海外速報 -仮想通貨ニュース- (@CoinNewsFlash) January 20, 2022
We have 4 months to give our "input". #Crypto #CBDC@digitalassetbuyhttps://t.co/VMdDu0lzQs
— MichelleXRP1776 ? (@MichelleSchlen6) January 21, 2022
By 2000, western govts largely debt free (thanks Thatcher etc).
— John Ruddick ? (@JohnRuddick2) January 21, 2022
Then came over-reaction to 9/11 & the War on Terror.
Then came foolishly bailing out banks re sub-prime crisis/GFC.
Then came COVIDmania.
Now debt so high the clowns want a new currency.https://t.co/hQeXb20S5R
The "cashless" society will be the end of privacy. A plan for a "digital" dollar" would also allow government to simply shutdown or extract from your acct if you don't behave. https://t.co/j6wD9BmyqN
— Andrew Wilkow (@WilkowMajority) January 20, 2022
Bitcoin = Economic freedom
— Seth Coelen (@SethCoolen) January 20, 2022
CBDC = the most powerful tool a dystopian autocrat could get their hands on.https://t.co/eIf5qcIdHk
The Fed may create a US digital currency and wants your input https://t.co/QuZiyumpqO
— AdvisorBid (@AdvisorBid) January 20, 2022
The Sovereign Digital USD is coming. “This paper is the first step in a public discussion between the Federal Reserve and stakeholders about CBDC.”https://t.co/MBLrXRZBwp
— Pippa Malmgren (@DrPippaM) January 20, 2022
What do you think? I think it’s inevitable and the sooner the better. The Federal Reserve has issued its CBDC report - Protocol — The people, power and politics of tech https://t.co/psx8sh41Ye
— Crypto Buzzer (?,?) 1630 (@TrivGod) January 20, 2022
We look forward to providing input to @federalreserve's new paper on #CBDC. There are significant benefits to be realised for interoperability, payment efficiency, cybersecurity and privacy protection.
— Quant (@quant_network) January 21, 2022
Fed paper here: https://t.co/VQGyxyRzmP pic.twitter.com/UrhahGdVp8
Fed finally waking up to the fact they need a CBDC.
— Tascha (@TaschaLabs) January 21, 2022
Marketing paper just out https://t.co/r8abymVcNF
Though at this snail pace it'd take years...? https://t.co/wpkbDrJFv7 pic.twitter.com/877FX2G2x9
米連邦準備理事会(FRB)
— NEO (@NZensin) January 22, 2022
公開したデジタルドルに関する報告書の中で、
デジタルドルが
「民間のデジタルマネー(private digital
money)」と競合する可能性を指摘https://t.co/ikuQ9ISCdx
The Fed may create a US digital currency and wants your input
— Richard Turrin (@richardturrin) January 20, 2022
My input?? Start building a CBDC! Report out after 7 month delay! @psb_dc @BetaMoroney@leimer @spirosmargaris@efipm @BrettKing@stratorob @jimmarous#fintech #CashlessChina #CBDC #finserv https://t.co/Zj0SZH3lBQ