The CBDC Debate (Part 2) w/ Congressman Bill Foster (D-IL)

In this second episode on CBDCs, Austin and Amira return to chat with Congressman Bill Foster (D-IL). Foster recently voted against the CBDC Anti-Surveillance Act. Unlike Congressman Emmer, Foster believes in the importance of controlled privacy, distinguishing between continuous government surveillance and the ability to de-anonymize transactions under specific legal circumstances. He elaborates on his point of view, suggesting that traceable wallets will prove to be a cornerstone of fighting financial crimes. They also discuss the topics of financial inclusion, US dollar dominance, and the trustworthiness of the US government in the context of tighter regulation.