What is a “digital dollar”? How is it different from existing money that is kept in banks and spent using credit cards/wire transfers?

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I have been hearing a lot of buzz about the government introducing a “digital dollar”. But isn’t most money already digital? What would be the big difference in this system?

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Anonymous 0 Comments

A currency that the government could use to track and regulate every last transaction that you make.
They could shut off or seize the fund of any individual or business they do not approve of.

It’s like a paper dollar with an off switch that you don’t control and which they can force you to use at gunpoint.

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