CBDC: Can't Ban the Meme (Long enough to get it right). The Feds just got memed into a 4-year timeout by the Senate, courtesy of a housing bill. It looks like the United States Federal Central Bank Digital Currency - a.k.a the ultimate crypto-killer - has hit a speed bump on the info superhighway.
#CBDCNoThanks #FedUp #CryptoForTheWin
So we won't be getting a US CBDC... at least not in the next four years. The real takeaway here is that the Fed is having a serious crisis of faith in the concept. The writing is on the wall: CBDCs are just too messy, too expensive, and just plain unnecessary. Time to get back to the good stuff - decentralized and free.
What's the most epic crypto-meme you've seen take down a FUD-filled idea? Share in the comments below.