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You know, in this digital age, a lot of US deal with money virtually. Back in March, you may remember President Biden passed an executive order that allowed the feds to create a digital banking system. But now many people are worried the president is looking to make the dollar completely obsolete. Arianda till verifies whether this is true or not. In March, President Biden signed an executive order allowing the Federal Reserve to explore the possibility of creating a centralized bank digital currency in the United States. Some people on social media have claimed that that executive order would make paper money worthless. Verify reader Jerry emailed the team to ask if President Bidens executive order would replace paper money with digital currency. So lets verify our sources our executive order 14067 the Federal Reserve, the Atlantic Council, a nonpartisan US think tank, and Aaron Klein, Senior Fellow in Economic Studies at the Brookings Institute. President Bidens executive order d