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30 sats \ 3 replies \ @siggy47 23 Jan \ parent \ on: Trump issues and order making CBDC illegal. Politics_And_Law

This lawyer has no idea. I'm not sure if it matters. I recall talk that the US won't need a coin called a CBDC, because a dollar denominated stable coin like tether, backed by US bonds, serves the same purpose. I think Mark Goodwin has talked about this a lot.

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55 sats \ 2 replies \ @SimpleStacker 23 Jan

I guess it's one of those things where you don't know until it's tried in court, right?

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30 sats \ 1 reply \ @siggy47 23 Jan

I think so. @Arceris might know more about this than me.

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141 sats \ 0 replies \ @Arceris 24 Jan

I’m going to have to agree: we’ll have to wait and see.

Of course, a tether or another stabletoken (or PBDC), with full capture, would be just as bad as a CBDC.

Also, as an EO, the next president can just reverse it

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