NPR

Supporters Of Digital Currency Say Pandemic Bolsters Case For A New Approach

Some Americans may have to wait weeks for their coronavirus relief checks, which digital currency advocates argue could be avoided in the future with the right investment.
Direct-deposit economic relief money is expected to be weeks ahead of physical checks. Supporters of digital currency say that transaction could — and should — be even faster.

Widespread unemployment and economic turmoil as a result of the coronavirus pandemic mean people are looking for government relief fast, which some say could open up the possibility for a new approach: digital currency.

But there are many hurdles to overcome, including adopting the infrastructure and growing trust in the system.

Since Congress passed the largest economic relief bill in U.S. history last month, . The most vulnerable for their funds, though, especially people without bank accounts.

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