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The United States government is considering creating a digital currency. The Treasury Department collaborated with MIT to research and write a white paper on the topic earlier this year. They are observing what El Salvador is doing with its controversial use of digital currency. The US may adopt digital currency in the future, but traditional paper money has not changed much since 1933 due to established monopolies and oligopolies. If cryptocurrency becomes more popular, it could impact the US dollar and fiat currency.