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The United States nonprofit Digital Dollar Project said on Monday it will launch five pilot programs over the next 12 months to test the potential uses of a U.S. central bank digital currency.  This is a huge part of their plan: a fully centralized digital currency where freedom and privacy are nonexistent. This is the first effort of its kind in the United States. If the ruling classes are successful in convincing the masses they need the CBDC (central bank digital currency) the best you can do is prepare for totalitarian enslavement.  Every transaction you make will be tracked and traced....

by Tyler Durden Monday, May 03, 2021 - 09:00 PM By now it's common knowledge that China is leaps and bounds ahead of all other central banks in launching a CBDC, or Central Bank Digital Currency (which Beijing vows is not a challenge to the reserve status of the US Dollar, but is precisely that), however the US is doing everything it can to keep up. And while one wouldn't get the sense of urgency if one listened to either the Fed chair or the NY Fed president today... POWELL SAYS HAVE NOT DECIDED WHETHER TO ISSUE A DIGITAL CURRENCY WILLIAMS SAYS FED IS STUDYING CENTRAL BANK DIGITAL CURRENCIES...

4 Min Read WASHINGTON (Reuters) - The U.S. nonprofit Digital Dollar Project said on Monday it will launch five pilot programs over the next 12 months to test the potential uses of a U.S. central bank digital currency, the first effort of its kind in the United States. Slideshow ( 2 images ) The private-sector pilots initially will be funded by Accenture Plc and involve financial firms, retailers and NGOs, among others. The aim is to generate data that could help U.S. policymakers develop a digital dollar. A partnership between Accenture and the Digital Dollar Foundation, the Digital Dollar Pr...

Digital Dollar Project to Carry out First US CBDC Tests 5 hours ago by Oluwapelumi Adejumo · 3 min read Photo: Depositphotos You have successfully joined our subscriber list. The US Federal Reserve is handling the CBDCs carefully, working with the Massachusetts Institute of Technology (MIT) to achieve the best digital dollar result ever wanted. The first of its kind digital currency in the history of America is set to be launched. The US non-profit Digital Dollar Project announced Monday to float pilot programs focusing on testing the potency of US CBDC usages. The Digital Dollar Project ...

Private sector pilot programs are aimed at creating data that can help U.S. policymakers develop digital dollars for the first time. The nonprofit Digital Dollar Project in the United States announced on Monday that it will launch five pilot programs over the next 12 months to test potential uses of digital currency in the U.S. central bank, the country’s first attempt of its kind. The private sector pilot will be initially funded by Accenture Plc and will involve financial companies, retailers and non-profit organizations, among others. The goal is to create data that can help U.S. officia...