There's increasing discussion about Central Bank Digital Currency (CBDC) - don't confuse it with Bitcoin or other cryptocurrencies. CBDC is not a new crypto. It's still US dollars released by the Federal Reserve, just in the digital format. The benefits are clear: more efficient and low-cost; faster access to assets and financial systems; it can also continue to strengthen USD as a global currency. However, the drawbacks and risks may also be potentially astronomical if not planned carefully: cybersecurity risks to not only your savings but the stock market, investments, banking, etc.; how can people get access if they live remotely?; privacy concerns for citizens from the government, etc. Overall, with blockchain and other technologies, some type of digital currency is coming, one way or another. It will be very interesting to see how will the Federal Reserve sets it all up!