Sunday 8 February 2015
FEDCOIN a possible US government cryptocurrency
Senior Federal Reserve Bank of St Louis researcher David Andolfatto has put forward the idea of a US government-backed 'Fedcoin' that uses a bitcoin-style protocol but the US dollar as the monetary object. This would combine the best of a cryptocurrency and cash.
Read his blogpost “Fedcoin: On the Desirability of a Government Cryptocurrency” or watch his presentation at the “P2P Financial Systems 2015” at the Bundesbank Frankfurt am Main Germany on 29th January 2015 (below).
Labels:
Bitcoin,
crypto-currency,
digital money,
FED,
money