Devil's Dollar

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The Federal Reserve's digital form of the US dollar is often known as CBDC, which stands

for "Central Bank Digital Currency." But Teddy calls it the "Devil's Dollar," which is how he

got the name for his book.

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Why a Digital Version of the US Dollar is Bad

In theory, having a digital US Dollar might be a good thing. It might make deals faster, make

business easier, and make things safer.

But Teddy and other people are worried about how the digital version of the US Dollar will

be used, especially when it comes to privacy and freedom.

Some problems with the digital US Dollar are the following:

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