CASH ENDS: DIGITAL DOLLAR

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THE BREAKING LEAD

The United States has officially changed the way money works forever. In a historic and shocking announcement made today, the White House declared the immediate launch of the 'Digital Dollar.' This new system is designed to replace physical paper cash completely over the next two years. Government officials state that this move will stop crime, track taxes better, and modernize the economy. However, the sudden news has caused huge lines at banks and panic on stock markets. Citizens are confused about what happens to the cash currently in their wallets and homes. The Federal Reserve says that all paper money must be deposited into digital accounts soon, or it will become worthless. This is the biggest change to American money in over fifty years.

THE HISTORY

To understand this huge moment, we must look back at the history of money in America. For a long time, the US Dollar was backed by real gold. This meant you could trade your paper money for actual gold.