Fed to Issue Report on U.S. Digital Currency

May.20 -- Federal Reserve Chairman Jerome Powell said in a statement that the Fed will launch a centerpiece research paper this summer on digital currency and seek public input. Bloomberg's Mike McKee reports on "Bloomberg Markets: The Close."

[wallacesouza]

I'VE BEEN SEEING POST EVERYWHERE ABOUT FOREX TRADING AND CRYPTO CURRENCY, A LOT OF PEOPLE KEEP SAYING THINGS ABOUT THIS TRADING PLATFORMS PLEASE CAN SOMEONE LINK ME TO SOMEBODY WHO CAN PUT ME THROUGH...?

[anthonybarry]

Investing in crypto now should be in every wise individuals list, in some months time you'll be ecstatic with the decision you made today

[DirectX]

Dollars long ago become digital currency. Try to go to your bank to withdraw $100K, see if they have that in there?

[orjihvy]

This economist always provides intelligent reporting.

[executiveproducer]

FIAT + XRP = CBDC

CBDC's on their own do NOT bring anything new to the table, if CBDC's still need a bridge, why create CBDC's? Xrp will digitize the fiat we have today and make it as efficient, friction free, and eco friendly as possible, essentially turning fiat into CBDC's

🙏🏽

[praiseYahshua]

Satoshi Sakamoto
"CENTRAL INTELLIGENCE"
We been goofed.

[kirtg]

95% or so of my transactions involve digital dollars, store debit card use, paypal and online purchases. What is the fed proposing that is different?

[jorgeb.guimaraes]

currency WILL NEVER COULD BE "digital" BY definition.. CURRENCY/MONEY/CASH must to comply for many requirements that a digital system cannot do.. for example: DIGITAL never could offer IMMEDIATE LIQUIDITY.. never..

[longboard]

Stability of Bitcoin will increase as it gets adopted...And it is not to be used the way money is used. Does no one do their homework ?? Sheesh...smh

[patrickdeoliveira]

LOL. Getting banks out of the way is one of the main objectives of crypto. Loans are a huge part of the blockchain.

[rickyreyes]

This is such a joke. The fed is "researching" what Bitcoin has been building and innovating since 2008. The Fed has to compete in the free market like everyone else and it's anyone's game. They are lagging because they can't figure out how to tax the next generation. I hope people choose what's borderless, free, and open for all the greatest minds to develop on. That's what makes Bitcoin such an amazing new technology.

[fafdafafd]

I am wondering do people really believe that Bitcoin will ever get used as currency ?

[lastnamefirstname]

Smart contracts for loans. No need for banks.

[Nikolaslopezz]

I think we need a new system entirely.

[raybod]

99% of dollars are digital, they are not physical printed dollars.

[kangchi]

Sorry for coming up with a different interference, can I get any enlightenment about crypto, in line with an expert that can assist me trade and generate a good profit.

[hyp-o-crite-]

that is like gas give a report on battery

[deebonash]

F L E X A Payment system for all crypto. They are the safest!!

[JoseRodriguez-tiii]

The dollar is already a digital currency. How many Americans actually use physical dollars for purchases today.

[mrpmj]

Best stocks Amazon, Apple, Facebook, Twitter, Nvidia, Microsoft, Netflix. Disney and Wells Fargo for the recovery,