I think the root of all evil is rather the lust for wealth. The future of money is destined to be merely a bookeeping entry in your account at the Data Bank and your pocket money will just be smoke rings
in your concious mind and the sleeping nightmares about it running out.
According to Strongs Dictionary the definition of money as Avarice in 1 Timothy 6 10-
Avarice “An inordinate desire of gaining and possessing wealth; covetousness; cupidity; greediness, or insatiable desire of gain. “
“The US seems to be getting serious about a central-bank-backed digital currency when the Treasury Secretary and Federal Reserve Chairman hinted this week that a digital dollar is a high-priority project for the US.”
https://techhq.com/2021/03/digital-dollar-is-now-a-high-priority-project-for-the-us/
“The US seems to be getting serious about a central-bank-backed digital currency when the Treasury Secretary and Federal Reserve Chairman hinted this week that a digital dollar is a high-priority project for the US.”
So what’s different?
Actual cryptocurrencies are distributed ledger systems (DLs). They are independent of centralized authority except for the ecosystem’s initial developers and maintainers. The market and users have the final say, unlike what we have now with central government and banking.
Distributed ledger technology eliminates much of what we need government and banks for, and obviously why TPTB fears it.