When a government goes about the development of yet another currency, be it stablecoin as they call it or one of them CBDCs, I tend to get skeptical at their creativity. It’s never something you should be trusting as, though it might be backed, it doesn’t mean it ain’t centralized and even in the presence of some promises on it, there would always be a back door in.

I am liking this crypto frenzy from the Trump government but, rather than having to develop more currencies, they should be supportive of what we already have.