commit c9db60628148cf7eec0b304a0a3e37a2600ea91a
parent 2b239b8dcfd0a0eab995c840f88975a949bec69d
Author: Christian Grothoff <christian@grothoff.org>
Date: Tue, 23 Feb 2021 14:58:41 +0100
fix link
Diffstat:
1 file changed, 1 insertion(+), 1 deletion(-)
diff --git a/www.yml b/www.yml
@@ -29,7 +29,7 @@ staticfiles:
- robots.txt
meetingnotes:
newsposts:
- - page: 2021-02.html
+ - page: 2021-01.html
date: 2021-02-23
title: How to issue a Central Bank Digital Currency
abstract: With the emergence of Bitcoin and recently proposed stablecoins from BigTechs, such as Diem (formerly Libra), central banks face a choice of either leaving the field to private actors or offering their own digital alternative to physical cash. We do not address whether a central bank should issue a central bank digital currency (CBDC). Instead, we demonstrate how a central bank could do so, if desired or needed. We propose a token-based system without distributed ledger technology and show how earlier-deployed, software-only electronic cash can be improved upon to preserve transaction privacy, meet regulatory requirements in a compelling way, and offer a level of quantum-resistant protection against systemic privacy risk. Neither monetary policy nor financial stability would be materially affected because our CBDC would replicate physical cash rather than bank deposits.
