Executive Summary
This report addresses three urgent, converging challenges facing the future of the U.S. dollar. First is the global race to develop Central Bank Digital Currencies (CBDCs). Second is the threat of quantum computing to our current cryptographic security. Third is the domestic political stalemate over financial privacy versus transparency. We propose a strategic framework for a U.S. CBDC, termed the “American Liberty Ledger,” to navigate these challenges and secure America’s economic leadership.
The core of this proposal is a novel two-tier hybrid architecture.
- Tier 1 would be a transparent, quantum-resistant public ledger for high-value transactions (over $10,000) and asset registrations. This tier would enhance financial integrity and combat illicit activities like tax evasion through anonymous shell companies.¹
- Tier 2 would be a private, token-based layer for everyday transactions. It would use advanced privacy-enhancing technologies like Zero-Knowledge Proofs (ZKPs) to provide cash-like anonymity.²
This hybrid model offers a definitive solution to the political impasse. It mathematically guarantees both individual privacy and regulatory compliance, thereby addressing the core concerns of both major political parties. By analyzing the pioneering quantum-readiness work of international bodies and nations like Singapore and France, this report outlines a technically feasible and strategically imperative path for the United States.³
The American Liberty Ledger is not merely a technological upgrade. It is a comprehensive framework to create a digital dollar that is secure against future threats, protects citizens’ civil liberties, enhances financial integrity, and reinforces the global primacy of the U.S. dollar for the 21st century. This framework culminates in a call for immediate congressional action to authorize and fund a joint task force to develop and pilot the American Liberty Ledger.
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