3 Reasons For a National Crypto Currency

Who is calling for a national cryptocurrency? Congressmen French Hill & Bill Foster

Who are the Congressmen asking to authorize a national cryptocurrency? Chairman of the Federal Reserve System

Why a national crypto currency?

  • to bolster the dollar’s strength
  • other countries are doing it:
    • Sweden has an electronic krona
    • Uruguay an electric peso
    • The Central Bank of China is unveiling an electronic currency in 2020
  • Private Sector in the US is also creating digital currencies including JP Morgan & Wells Fargo

Cryptocurrency Post | US Congress calls on Fed to consider creating “national digital currency”