US-based CBDC Is 'Never' Going to Happen
summary
Asserts a US CBDC is effectively never coming, citing a poll where only 5% pick "never" but arguing the real-world trend is private innovation not a Fed funnel, pointing to the recent explosion of dollar-backed stablecoins and calling a retail Fed account rollout the equivalent of returning people to the post office. Warns that Elon Musk’s tweets could be problematic if he buys the dip he creates, and notes the CFTC has spot market market-manipulation authority.
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chapters (7)
- 0:00Introduction
- 0:30US CBDC
- 1:40Crypto Approvals
- 3:15Elon Musk
- 4:40Regulatory Overreaction
- 5:50Banning Bitcoin
- 7:10Regulation
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