What is the CBDC? When will it come out? And what does it mean to us here in the United States and the rest of the world? In the very near future, we are going to a cashless global society. A global digital payment platform. The Chinese government has already rolled out the digital yuan, or the e-CNY, and it has been accepted by many countries around the world, including India, North Korea, Venezuela, Cuba, and Russia. This will be extremely detrimental to the US dollar’s overall value, perhaps up to 50, 60, even 70 percent. This will make the dollar lose its exclusive strength as the global reserve currency.

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