Protecting your money from potential risks associated with digital currency depends on your specific concerns and goals. If you intend to avoid the uncertainties associated with digital currency or you're worried about the potential transition to a Central Bank Digital Currency (CBDC) like a digital dollar, you can consider the following strategies: Diversify Your Investments: Keeping all your wealth in one asset class can expose you to specific risks. By diversifying your investments across various asset types (stocks, bonds, real estate, precious metals, etc.), you can mitigate risks associated with a particular sector, such as digital currencies. Use Traditional Banking: If you want to avoid cryptocurrencies, you can continue to use traditional banking systems that offer FDIC-insured savings and checking accounts. The protection provided by these accounts can shield your money from the volatility associated with cryptocurrencies. Invest in Precious Metals and Tangible Assets: Gold and other precious metals have been traditional hedges against currency volatility. Tangible assets like real estate also provide a safe harbor. Understand and Utilize Security Measures: If your concern is the cybersecurity aspect of digital currencies, ensure you understand and utilize the security measures available. Use strong passwords, two-factor authentication, secure internet connections for digital banking and online transactions, and keep your software updated. Avoid Speculative Investments in Cryptocurrencies: If you want to protect your money from volatility, avoid investing in them or only invest money you can afford to lose. Consult with Financial Professionals: Financial advisors, who are familiar with your individual situation and the evolving financial landscape, can provide tailored strategies for protecting your assets. Stay Informed: Understanding the developments in digital currencies, both cryptocurrencies and potential CBDCs will enable you to make informed decisions. Follow reputable financial news sources and consider engaging with financial professionals to stay up-to-date. Consider Legal and Regulatory Framework: Depending on your jurisdiction, legal and regulatory frameworks might impact how digital currency operates. Understanding these regulations can help you navigate the landscape more effectively. A government's potential implementation of a digital dollar or other CBDC might not necessarily pose a risk to your money. These currencies would likely be designed with security and stability, backed by the central bank. In that scenario, "protecting" your cash might be more about understanding and adapting to new systems rather than avoiding them altogether. Always consult a financial professional who understands your situation to tailor a strategy that aligns with your goals and concerns.