WEEK 7, Pt. 2: Final Post Launch
An all digital economy There is one technology that is the backbone of our economy and that we use every day which is online digital money. Cash still exist in our economy right now but slowly many businesses do no accept cash only money from apps like Venmo, PayPal and from a debit card. The government is working on an all entirely new currency (CBDC) central bank digital currency that would exist exclusively in a digital. After reading an opinion article by Justin Haskins from Fox News Article Link this is coming quicker than we expected. Banks have privacy laws to prevent banks in many situations from giving away details about your financial accounts to third parties, including the government. The government wants its tax money and will do almost anything to get like Mark Zuckerberg not getting 100% if the world's population to use its platform. Government Power Since the government will control the money under the new system you bet the...