Bitcoin's novelty will wear off and it's doomed as a payment system, says Federal Reserve Board of Governors member

US doesn’t need a central bank digital currency, says bigwig

The United States doesn’t need a central bank digital currency (CDBC) because such a thing will not notably improve the nation’s financial system. And also, the US dollar isn't threatened by digital currencies nor other nations' CDBCs, so what's the point?…

from The Register