8. If cash usage declines, is it important to preserve the general public’s access to a form of central bank money that can be used widely for payments?

Following the publication dated January 20th 2022 by the Federal Reserve Board

Public comments

8. If cash usage declines, is it important to preserve the general public’s access to a form of central bank money that can be used widely for payments ?

Filipe's answer :

Yes it's important to preserve the general public access to a form of central bank money.

.../...

Attending to with the growing trend in the decrease in the use of cash, to the general preference pour la phase liquide when in safety, reliability and reversibility the creation of the digital dollar as the Fed's US CBDC has to preserve the general public’s access.

The US Fed's digital dollars to facilitate payments is advocated in the design proposed and discernible at set of answers hereby. Nothing better than a do-g-phone in folks handswith P.S.H.-Personal Savings Helper app  because the dollars quality as been shifted into now reversibles digital dollars working in burden-allocation-covered cell cash , to make monetary production of cash, and are now digital dynamic properties with permanent  acessibility by on-line owners. 

The digital dollars (Owndated Webquantums as advanced US Fed's CBDC) Google' processed with The Fed and The Universocial Sovereign Anchor, with The US Treasury through The TIGTA, The Webcash WUW and The Time Market T.O.M.  populate the Internet Webcash space insuring the personal Business Process as a Service in #cashkeeping phase and in the modes #webcashmatic for owners' income and #webtaxmatic for freedom and wellbeing.

 

All persons users of data-valuation dispose of it processable money in digital savings properties linked at The Universocial Sovereign Anchor, also at The Fed and also with a set of named entities here up . 

N.B. : The processable digital dollar, works for all executions and self displayable flash position accounts using the verification of concordance of output resuls calculated on multi-synchonized-machines with independent standards of technology. Make'em go cash. Make me go digital cash.

CBDC has 1 hook and Google Pay has 1 anchored progression generator

Yes, as we saw, CBDC has an indispensable hook because it must solve internal problems (due to iceberg-like upside down, from CB) and therefore it demands more from people.

While Google Pay is making progress because it contains a better solution to allow people to make payments, keep track and even a bud of accurate use of people's narrow economic resources.

And what does a digital currency issue have to do with a payment service?

The hidden common denominator:

CBs (Central Banks) hide the hook;

Googlepay hides the generator.

So what is this generator?

The balanced iceberg.

Yes, the brain technology flowing at the service of people at Googlepay is a minimal part of the brain-technological potential available in the belly of Google's cow.

Google knows and launches Googlepay not to mention the generator of improvements - already available, but unincorporated for market reasons - suitable to meet the dynamics that the world takes.

Yes Google is a technological engine to satisfy people's needs and desires. But Google is not a political leader.

That is why certain calves in training cannot yet give birth. You have to wait for the full gestation time associated with the production rate of the US Senate Law.

That is why Google does not launch the 4G3W Economy adapted to the Internet, the communication engines and the space pioneer (the current Economy is in assisted life, hence and there the political delay in the production of Regulations). Not because Google does not have the know-how to launch Googpay already adapted to the use of "digital savings" expressed in "owndated webquantums", which are resources of the investment substitute whose advance cannot yet be incorporated, as there is still no Time Market nor people can, for now, incorporate the time in the money circulating through Do-Google-Phone.