Heterodox
So-called digital currency (it's not currency–yet) is about a type of payments system that functions on the basis of blockchain transactions. If a central bank issues currency using blockchain it will be a genuine digital currency. It looks like it is coming, and at least one country is already doing it (Venezuela).The take-away is that blockchain payment is highly efficient and will eventually drive out less efficient systems. China apparently gets this, and China is already way ahead in...
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