U.S. Moves Closer To Digital Dollar
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On June 30th, 2020, the Senate Banking Committee held a hearing on the future of the digital dollar. The pressures to create a digital USD are mounting as China recently began testing its own digital currency - the DCEP, which will be included in popular applications like WeChat and AliPay. Of particular concern is widespread adoption of a digital yuan in emerging markets and in international trade.
\\nWill the adoption of a digital currency be the next step in giving up more of our freedoms and the death of the paper dollar as we know it?
\\nHosts Zack Hayes and Phil Hayes break it all down in this week\'s episode of Pure Speculation. Follow us on Twitter @strugglestate
\\nRead More on StruggleState.com
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