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Some Thoughts on Fedcoin – a Fed backed cryptocurrency

Fedcoin and the Emerging Landscape of Central Bank Digital Currencies Since the invention of Bitcoin, both economists and policymakers have given substantial thought to the idea of government- or central bank-issued digital currencies. The initial vision of a “Fedcoin”—a U.S. Federal Reserve-issued cryptocurrency—was discussed as early as 2014 and 2015, most prominently when David Andolfatto […]