Digital dollars?
RockyMtnProspector
Posts: 754 ✭✭✭✭✭
Hmmm . . .
"The bill establishes a digital dollar, which it defines as ‘a balance expressed as a dollar value consisting of digital ledger entries that are recorded as liabilities in the accounts of any Federal Reserve Bank or ... an electronic unit of value, redeemable by an eligible financial institution (as determined by the Board of Governors of the Federal Reserve System).’
Additionally, a digital dollar wallet is identified as ‘a digital wallet or account, maintained by a Federal reserve bank on behalf of any person, that represents holdings in an electronic device or service that is used to store digital dollars that may be tied to a digital or physical identity.’"
GSAs, OBW rolls, Seated, Walkers. Anything old and Colorado-focused, CO nationals.
Gonna get me a $50 Octagonal someday. Some. Day.
Gonna get me a $50 Octagonal someday. Some. Day.
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Comments
...this belongs in the Digital Currency forum
Not if it crowds out actual dollars and not if it affects the payments that could be made to or from nearly everyone who posts in this forum.
A discussion of the diminishment of paper and coin for exchange is, I believe, a perfectly suitable discussion on this forum, as would the effect on numismatic markets of a discussion on the price of gold and silver that was not primarily about its bullion value or technical applications.
Gonna get me a $50 Octagonal someday. Some. Day.
Try this...I’m higher than the Rocky Mountains and I live in San Diego, CA...I’m under a statewide lockdown and there is no Digital Currency forum...so I think we are both good here
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CoinsAreFun Toned Silver Eagle Proof Album
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Gallery Mint Museum, Ron Landis& Joe Rust, The beginnings of the Golden Dollar
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More CoinsAreFun Pictorials NGC
If I can't hold it in my hand I don't want it; thank you.
To be expected.... The government needs to get in on the game in order to control it. Cheers, RickO
It wouldn't surprise me.