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Fed Just Released 35-page Paper on a FedCoin CBDC
The Federal Reserve issued a paper detailing some of their research on the benefits and potential issues with a central bank digital currency issued by the Fed. The crucial part is that they are asking for public feedback on a CBDC and this is a rare window of opportunity to speak into what the central bank does. It is simply too dangerous to allow the power a CBDC would grant to fall into anyone's hands.
Fed Statement https://www.federalreserve.gov/publications/money-and-payments-discussion-paper.htm
Fed Paper https://www.federalreserve.gov/publications/files/money-and-payments-20220120.pdf
Feedback Form https://www.federalreserve.gov/apps/forms/CBDC
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