Digitize the Dollar

The entire world is looking into currency digitization right now. Countries everywhere are launching central bank digital currencies (CBDCs) and switching. The move towards this new development primarily started with China. Xi Jinping's administration had seen CBDCs as a means of transforming its economy. So, in 2019, it began work on a CBDC. Since China started its mission, several other countries have joined in. Many of them have been looking to optimize their currencies and make them more effective. So, digitization seemed like…