Metaverse Musings Part One
Some people feel they are already living in the metaverse, given how much time they spend staring at screens and interacting with other humans via video conferences and chat groups. Others say we are...
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What if USDT Tether depegged?
Having spoken with a number of industry participants, it’s clear to me that the large traders do not expect USDT to depeg. They tend to believe Tether Inc has more than enough assets to cover its...
Tokens vs Accounts: A love letter to the NY Fed (and a quibble)
I was just reading an excellent recent post on the New York Fed’s blog Liberty Street Economics, entitled “Token- or Account-Based? A Digital Currency Can Be Both” by Rod Garratt, Michael Lee, Brendan Malone,...
State Sponsored Money – Under Pressure?
Today, state sponsored money is under pressure. The emergence of two threats has added urgency to the agenda to defend it.
