Discover and read the best of Twitter Threads about #ecashact

Most recents (3)

Extremely excited to see this piece on "Paths Toward an Acceptable Public Digital Currency" by Jay Stanley at the @ACLU:…
Some key highlights/personal favs:

1) Acknowledging from the outset that while a public digital dollar and CBDC are often conflated, the former could also be issued by the Treasury Department

(For more on this, see my Congressional testimony here:…).
2) Pointing out that all the major forms of privately intermediated digital payments - that the Fed is using as the baseline/status quo from which a CBDC is ostensibly building on top of - have huge privacy & censorship & inclusion/access issues relative to publicly issued cash
Read 13 tweets
A thread on media coverage of the #ECASHAct introduced today by @RepLynch, @RepChuyGarcia, @RepPressley, & @RepRashida, which directs the Treasury to issue a privacy-respecting, hardware-secured form of a digital dollar.

Official website here: Image
Read 53 tweets

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