CBDCs – Asking the Hard Questions
I’ve been following along the CBDC narrative for a number of years. It has been fun watching how the talking points have rapidly evolved. CBDCs seem to be getting closer to reality, driven by...
Category: central banks
Money, Programmable Money and Central Bank Digital Currencies (CBDC)
Note: This article was first published on 19 Aug 2020 on the OpenNodes blog, republished here with permission. The greatest trick played on modern society is calling a whole bunch of different instruments with...
The Sweet Spot for Programmable Money
The sweet spot for programmable money is: On a blockchain, aimed at businesses, issued by a central bank. Here’s why.
Ray Dalio on What Coronavirus Means for the Global Economy
Ray Dalio is one of the best economic thinkers alive. On 9 April 2020, TED interviewed him about what coronavirus means for the global economy. Here is my summary. Any errors, omissions, misunderstandings are...
CBDC, DLT, Crypto, Stablecoin Resources List
I’m often asked for material about CBDCs (central bank digital currencies), blockchains / distributed ledgers, stablecoins, and cryptocurrencies. So here’s a list of reports from central banks, regulators, international organisations and other agencies. Enjoy!
Three currency wars, not one
This short blog post describes three different types of currency wars that seem to be happening at the moment. The phrase “currency wars” is not new – typically is has referred to deliberate devaluation...
How unlike cash will CBDCs be?
In this post I discuss several differences between physical cash, and what I imagine retail Central Bank Digital Currencies might end up looking like.
MAS just released Corda for Central Banks… so what?
I’m absolutely thrilled to be able to write about the open sourcing of Project Ubin Phase II, a key project that our team has been working on for the past seven months with the...
Blockchains and Central Banks – What Have We Learnt?
This article was first posted on r3.com Over the past couple of years, R3 has worked closely with a number of central banks to explore if distributed ledgers could support their policy goals, and...
The hype around central banks, digital currencies, and blockchains
There has been a lot of hype around central banks, interbank payments, blockchains, and central bank digital currencies (CBDCs), but the narrative has become confusing and often misses the point. What’s going on? Actually...
