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FIN 329 San Diego State University Finance Implement a Digital Currency Discussion

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FIN 329 San Diego State University Finance Implement a Digital Currency Discussion – Description

The US government is working to implement a digital currency. Go to this link to read about ithttps://www.federalreserve.gov/central-bank-digita…The video(s) below, I think does a good job at explaining the pros and cons of such a system. Create an original post of at least 150 words and answer to (2) other posts for full credit. Question: As a student with critical thinking abilities, do you think the supposed benefits of a CBDC (transparency, reaches more people, lower costs, etc.) outweigh the risks (total government control of your spending to force behavior, loss of pricacy/freedom, potentially hackable, more government surveillance, abolishment of cash altogether, etc.). In your answer, include your rationale /

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