New bonus episode! 📣
💸💸 The ECASH Act 💸💸
@rohangrey joins @billysaas & @MaxSeijo to discuss the new “ECASH” Act introduced by @RepStephenLynch & co-sponsored by @RepChuyGarcia, @AyannaPressley & @RepAdams.
1/6
moneyontheleft.org/2022/03/28/the…
💸💸 The ECASH Act 💸💸
@rohangrey joins @billysaas & @MaxSeijo to discuss the new “ECASH” Act introduced by @RepStephenLynch & co-sponsored by @RepChuyGarcia, @AyannaPressley & @RepAdams.
1/6
moneyontheleft.org/2022/03/28/the…
As announced in today's @dealbook, the @ecashact directs the Secretary of the @USTreasury to develop & pilot digital dollar technologies that replicate the privacy-respecting features of physical cash. 2/6
Recognizing the @USTreasury as an institution ideally suited to managing a digital U.S. dollar, the Act treats monetary inclusion & privacy as political rights & public goods. 3/6
At the same time, the ECASH Act eschews the exclusionary & ecologically destructive effects of crypto currencies that rely on blockchain technologies. 4/6
A transcript of the podcast is forthcoming.
In the meantime, please listen to & share this important conversation with one & all!
6/end
In the meantime, please listen to & share this important conversation with one & all!
6/end
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