Sunday , April 11 2021
Home / Project Syndicate / Bitcoin and Beyond

Bitcoin and Beyond

Summary:
Add to Bookmarks Mar 11, 2021 The surging price of the world’s best-known cryptocurrency has made some investors rich and prompted skeptics to point to the excesses of the current bull market. Central bank digital currencies (CBDCs) may offer a surer route to greater financial inclusion, but are policymakers and the public prepared for this potentially radical innovation? In this Big Picture, Harvard University’s Kenneth Rogoff thinks that the COVID-19 pandemic could accelerate the emergence of CBDCs, and outlines two ways in which monetary policymakers could

Topics:
PS Commentators considers the following as important:

This could be interesting, too:

Bradford DeLong writes DeLongTODAY: Inflation as the Principal Risk? I Do Not See It…

Miles Kimball writes James Wells on the Evolution of the Standard Model of Physics

Tyler Cowen writes New York City estimate of the day

Tyler Cowen writes From Charles Kenny

The surging price of the world’s best-known cryptocurrency has made some investors rich and prompted skeptics to point to the excesses of the current bull market. Central bank digital currencies (CBDCs) may offer a surer route to greater financial inclusion, but are policymakers and the public prepared for this potentially radical innovation?

In this Big Picture, Harvard University’s Kenneth Rogoff thinks that the COVID-19 pandemic could accelerate the emergence of CBDCs, and outlines two ways in which monetary policymakers could introduce them. The case for a digital dollar, however, is far from clear-cut, says Barry Eichengreen of the University of California, Berkeley, not least because fear that a digital renminbi will challenge the greenback’s global dominance is overblown. But New York University’s 2021-03-11

Leave a Reply

Your email address will not be published. Required fields are marked *