The Fed’s Plan to Create a Digital Dollar Is Met With Hostility.

As China continues to make great strides in its digital yuan project that should allow it to challenge the hegemony of the U.S. dollar in the digital world where China can have the first-mover advantage, the Fed is taking a deeper look at the pros and cons of a digital dollar. The big question the Fed is asking is how a digital dollar could improve the American payment system.'
More than 7 in 10 respondents say they are concerned or outright opposed to the idea of the United States programming its own digital currency.

A digital dollar would mean the end of financial privacy. And an obvious reluctance of the banking world on a digital dollar...