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author | Christian Grothoff <christian@grothoff.org> | 2021-02-23 14:58:41 +0100 |
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committer | Christian Grothoff <christian@grothoff.org> | 2021-02-23 14:58:41 +0100 |
commit | c9db60628148cf7eec0b304a0a3e37a2600ea91a (patch) | |
tree | 52c6bc094d90f20364dc799f2f12ce54d964ba2b /www.yml | |
parent | 2b239b8dcfd0a0eab995c840f88975a949bec69d (diff) | |
download | www-c9db60628148cf7eec0b304a0a3e37a2600ea91a.tar.gz www-c9db60628148cf7eec0b304a0a3e37a2600ea91a.tar.bz2 www-c9db60628148cf7eec0b304a0a3e37a2600ea91a.zip |
fix link
Diffstat (limited to 'www.yml')
-rw-r--r-- | www.yml | 2 |
1 files changed, 1 insertions, 1 deletions
@@ -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. |