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Bitcoinist
2018-12-28 20:00:03

The Federal Reserve Could Launch a ‘FedCoin’- But There’s Really No Point

It seems as if the Federal Reserve really understands the core values of Bitcoin and that launching a national cryptocurrency is pointless. Director of the IMF Christine Lagarde spoke out about the benefits of central bank digital currencies (CBDCs) this November. She said that they could improve security, accelerate financial inclusion, reduce poverty, and afford greater privacy. She even made a reference to cryptocurrencies as a “contender” in our cashless society. And many crypto enthusiastsRead MoreThe post The Federal Reserve Could Launch a ‘FedCoin’- But There’s Really No Point appeared first on Bitcoinist.com.