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central bank digital currency

What's the marketing strategy for the Fed's CBDC?

Last month the Federal Reserve published it's long awaited report on central bank digital currency, or CBDC. Here's my quick response. The p…

A CBDC, eh?

David Andolfatto recently wrote a helpful article about whether Canada needs a central bank digital currency , or CBDC. I agree with David that a CB…

The unbanked, the post office, and fintech in the 1880s

"A large population of people are excluded from the financial system because they don't have bank accounts. Fintechs compete to connect them…

Programmable money isn't new, we've had it for ages

I often hear that modern money just isn't up to snuff because it isn't programmable. That's why we need Ethereum, stablecoins, and other …

The ECB's digital euro: anonymous or not?

The European Central Bank (ECB) recently published a report that explores the idea of introducing a digital euro for use by the general public. Th…

Bitcoin is an account, not a token

When economists talk about payments, they often make a distinction between token-based and account-based payment systems. In a recent post at the N…

Want to open an account at the central bank? I'll pass, thanks

The only type of central bank-issued money that we hoi polloi can own are banknotes. But over the last few years, researchers at central banks have …

Why Fedcoin

Six years ago I wrote a blog post about Fedcoin. Fedcoin is a type of central bank digital currency, or CBDC. (I called it Fedcoin at the time, but …

Transferwise, why so fast?

This post explores some of the technological advancements that have allowed remittances to be completed in seconds rather than days. If you follow me…

"Controllable anonymity"

Reuters and Coindesk report that that the People's Bank of China's imminent central bank digital currency (CBDC) is going to have a feature…
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