The Digital Dollar Project's Whitepaper 2.0 represents a progress in realizing that the US CBDC is not going to be a new kind of money, but just a new kind of currency. Money is value agreement, while currency is value transmission technology. See Money & Currency.
It is also good in making the distinction between a 'bearer instrument' and 'account-based credit money'.
Read more... The full content of this chapter is available in the two-volume book:
Bit & Coin
Merging Digitality and Physicality
Volume I: Digital Humanity’s Truth Layer - The New Internet, its Authenticity Layer, and Applications
Introduction
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Volume II: Bitcoin, Blockchain, and Beyond - Essays of Science, Economics, Law, Ethics, and Controversies
Introduction
(coming soon)
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