Earlier quoted context omitted.
Because there's no added value in having a digital dollar variant which is ultimately controlled by the government and Big Money. But its existence will give independent digital cryptocurrencies like Bitcoin more legitimacy, which translates into higher demand, which translates into a higher price. I foresee countries like Russia, China and other rogue nations betting big on digital cryptocurrencies to evade sanction…
> Because there's no added value in having a digital dollar variant which is ultimately controlled by the government and Big Money. You mean beside paying taxes or going to jail, right?
I recently read a frightening article which postulates that a move towards digital currency will make NEGATIVE interest rates feasible for Central Banks.