Wednesday, 21 June 2017

"The Blockchain Is Going to Revolutionize Central Banking and Monetary Policy" -

David L. Yermack, the Albert Fingerhut Professor of Finance and Business Transformation at New York University Stern School of Business, wrote recently that:

"Rather than printing greenbacks and circulating bills and notes, why doesn’t the Federal Reserve just put everything on a national blockchain and make all of the money electronic?   This is something that I think is probably going to happen. "

"The Blockchain Is Going to Revolutionize Central Banking and Monetary Policy" -

Well, I think it's probably going to happen too, but it depends what you mean by "national blockchain".

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