General
Will the Federal Reserve implement a Central Bank Digital Currency (CBDC) in the United States before the end of 2028?
An economics and technology prediction on the adoption of digital currency by the US central bank, testing the pace of monetary innovation against regulatory and privacy concerns.
18 total votes
Analysis
The Digital Dollar Dilemma: Innovation vs. Privacy
The Federal Reserve has been researching CBDC technology for years, with the Boston Fed's Project Hamilton marking significant technical progress. However, political opposition and privacy concerns have created substantial headwinds against actual implementation.
The Political Reality Check
The majority 'No' vote reflects the growing bipartisan skepticism in Congress about CBDCs. Multiple bills have been introduced to restrict or prohibit the Fed from issuing a digital dollar directly to individuals. While the technical capability may exist by 2028, the political will appears to be moving in the opposite direction, making full implementation unlikely within this timeframe.