Should the Federal Reserve Create a Digital Currency?

By |2022-02-09T21:01:01+00:00February 9th, 2022|Cryptocurrency, Governments, Payments|

In January 2022, the U.S. Federal Reserve released a long-awaited discussion paper on its thinking about a central bank digital currency, or CBDC.  The paper builds on prior work by the Bank of International Settlements (BIS). At the end, it provided a list of questions for public comment. I thought it might be helpful to [...]

Bitcoin is Not a Viable Currency. Stablecoins Will Be.

By |2021-01-19T18:30:44+00:00December 14th, 2020|Cryptocurrency, Payments|

(Note: this article was updated on January 19, 2021 to account for new information, particularly the extension of the boom in Bitcoin valuation since the original publication on December 14, 2020. These changes reinforce the points made in the original) Bitcoin has been on a roll lately, hitting a record high of $40,258.92 on January [...]

Go to Top