Hedera's HBAR token connects to Microsoft and the Federal Reserve through Emtech's Project New Dawn, a digital cash infrastructure initiative. The speaker sees this as a bullish catalyst for HBAR, even though he opposes CBDCs as a concept.
Here is how HBAR is indirectly working with the Federal Reserve. I've shown this connection before, but this is one of the most bullish and important connections for Hedera. What reminded me of this was Emtech has just commented to the White House about a CBDC. Now, who is Emtech? Emtech is a company for modern central banking. They describe themselves as unlocking the power of regulatory and currency innovations for financial ecosystems. Now, Emtech actually started Project New Dawn, which is working to build a digital cash infrastructure for the whole world. Now, if we scroll through the white paper for Project New Dawn, you can see that Hedera and Microsoft are both technical collaborators on this project. If we go further into Emtech, we see that they're directly involved with the US Federal Reserve and IBM. This is one of the many, many reasons I'm bullish on HBAR. I hate CBDCs, but they're gonna happen anyway. Why not try to make some money off them?
