Understanding the Implications of the Digital Dollar and Concerns Surrounding Transaction-Monitoring
In recent years, the concept of a digital dollar has gained traction in the United States. A digital dollar would be a digital version of the US dollar that could be used for transactions and payments, much like physical cash. While there are potential benefits to a digital dollar, there are also concerns surrounding transaction-monitoring and privacy.One of the primary benefits of a digital dollar is increased efficiency and convenience. Digital dollars could be used for transactions online and in-person, eliminating the need for physical cash and reducing the risk