Presented in 2020 during the Blockchain Symposium, organized by North Carolina A&T State University
“A cryptodollar would still work as a semi-anonymous medium of exchange accessible to banks and the population under a system that may be cheaper and easier to manage than a cash system. During debates for the CARES Act, an idea for a government issued digital wallet was floated under which Congress would authorize the Federal Reserve to create FedAccounts. They would allow U.S. residents, citizens and businesses located in the country to access financial services,” said Dr. Alfredo Romero during his talk: “Crypotocurrencies: Challenges and Opportunities for Monetary Policy.”
