Senator Cynthia Lummis on why Central Bank Digital Currencies serve no real purpose:
"The FED doesn't need a CBDC to engage with other central banks. They already have frictionless transfers among the central banks of the world... and we don't want it."
"The FED doesn't need a CBDC to engage with other central banks. They already have frictionless transfers among the central banks of the world... and we don't want it."