The Digital Dollar 💵 Project Explained | What Is The Digital Dollar | CBDC Series Episode 3

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In today's episode we will explore what what is going on with the US Digital Dollar project. The United States Federal Reserve (The Fed) is starting the process to get the US Digital Dollar project to the public. The Fed chairman Jerome Powell gives Digital dollar clarity by declaring that 2021 will be a pivotal year in consulting the public on the digital dollar, his underlings issued a paper describing what that consultation might look like. The U.S. central bank digital currency (CBDC) will help with the following issues of physical currency. Privacy issues, ease of use, and security access to those receiving the currency.

What Is The Digital Dollar Part 3 | The Digital Dollar 💵 Project Explained

Time Stamp Below:

0:20 coin Desk video

1:20 CBDC and Crypto currencies.

2:07 The Fed research into blockchain tech.

2:50 The Fed disruption models.

3:20 The Fed Open system vs Centralized system and resolving scaling challenges.

3:37 The Fed transactions per second.

4:28 The Fed ledger explained.

5:20 What is a Central Bank Digital Currency (CBDC).

5:50 Four types of blockchain 💎

6:04 Key CBDC take always.

6:39 What the Fed Chair said about the Digital Dollar.

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Coin Desk With Video:

Coin Desk With Chair Powell

Forbes Article:

Investopedia Website:

Music: Alive
Musician: @iksonmusic

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🛑 Disclaimer: 🛑
🖐🖐🖐This content meant entertainment purposes only.These are just my ideas and speculations on things discussed in my videos. I am NOT a financial adviser and this is NOT financial advise. This market is HIGH RISK, enter, invest or trade at your own RISK!!! I am not responsible for your trades or investments. Be careful!!.............ENJOY!🖐🖐🖐

#DigitalDollarProject
#CentralBankDigitalCurrencies
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Stimulus Package 2020 | The Digital Dollar Part 1

Time Stamp Below:

0:20 coin Desk video

1:20 CBDC and Crypto currencies.

2:07 The Fed research into blockchain tech.

2:50 The Fed disruption models.

3:20 The Fed Open system vs Centralized system and resolving scaling challenges.

3:37 The Fed transactions per second.

4:28 The Fed ledger explained.
5:20 What is a Central Bank Digital Currency (CBDC).

5:50 Four types of blockchain 💎

6:04 Key CBDC take always.

6:39 What the Fed Chair said about the Digital Dollar.

AllWeatherLife
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Once again thanks for this info great Sir!

heardeddie
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Once again thanks for this info great Sir!

heardeddie