“Under Project Hamilton, “every dollar you hold in your bank account, your wallet and even your retirement” will be confiscated and “replaced with a dangerous new totally digital dollar.”
Social media posts
in a Facebook video. Claim dated 13 Sep 2023.
PolitiFact rated thisFalse
What PolitiFact found
Project Hamilton is a research project of the Federal Reserve Bank of Boston and the Massachusetts Institute of Technology focused on the feasibility of a hypothetical central bank digital currency, not implementing one.
Their words, from the summary they publish with the rating.
In short
This claim spread on social media around 13 September 2023. PolitiFact (United States) looked into it and published its finding on 27 September 2023, 14 days later. Its rating was “False”.
Where the claim appeared
- Facebook posthttps://www.facebook.com/StrategicFortunes/posts/pfbid0qQua5TPuoF6Agd3vqNrwzdWTsPNSvBB6b8…
Links recorded by PolitiFact. Some posts may have been deleted since.
This check was done by PolitiFact, not by DoesItStand. We list it so you can find it. Their full evidence and reasoning are in their article.