Conservative Advocates Condemn U.S. CBDC Development, Encourage Bitcoin Adoption

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The Club For Growth published a report exploring the shortcomings of a CBDC while detailing how the technology could fail in providing purported benefits.A conservative advocacy group known as The Club For Growth (CFG) has published a policy brief titled: The Case Against A U.S. Central Bank Digital Currency, per a briefing sent to Bitcoin Magazine. The brief begins by detailing the innovation that is Bitcoin by exploring its immutability, decentralization, speed, trustless operability, and its ...

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