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IN-DEPTH: Federal Reserve Considering Central Bank Digital Currency, but Few Understand Its Dangers

Most Americans haven’t heard of central bank digital currency. Most who have don’t really understand what it is. While the Federal Reserve considers implementing the program in the United States, some are trying to warn Americans about its potentially devastating consequences.
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IN-DEPTH: Federal Reserve Considering Central Bank Digital Currency, but Few Understand Its Dangers
An illustration of digitized currency. Dem10/Getty Images
Patricia Tolson
Updated:
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Most Americans haven’t heard of a central bank digital currency, and those who have don’t really understand what it is.

While the Federal Reserve considers implementing such a program in the United States, some are trying to warn Americans about its potentially devastating consequences.

Patricia Tolson
Patricia Tolson
Reporter
Patricia Tolson is an award-winning Epoch Times reporter who covers human interest stories, election policies, education, school boards, and parental rights. Ms. Tolson has 20 years of experience in media and has worked for outlets including Yahoo!, U.S. News, and The Tampa Free Press. Send her your story ideas: [email protected]
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