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diff --git a/template/news/2022-05.html.j2 b/template/news/2022-05.html.j2 new file mode 100644 index 00000000..b309807d --- /dev/null +++ b/template/news/2022-05.html.j2 @@ -0,0 +1,40 @@ +{% extends "common/news.j2" %} {% block body_content %} + +<h1>2022-5: "Who comes after us? The correct mindset for designing a Central Bank Digital Currency" published by SUREF</h1> + +<h2>Background</h2> +<p> +The title of the paper refers to the former DIRNSA, who claimed that +"nobody comes after us" just before the NSA lost control of its data +on Afghanistan collaborators to the Taliban. The paper urges for this +cautionary tale to be considered when central banks are creating +digital currencies. +</p> + +<h2>Abstract</h2> +<p> +In December 2021 the European Central Bank (ECB) published a report on +"Central Bank Digital Currency: functional scope, pricing and controls" in its +Occasional Paper Series [BPT21], detailing various challenges for the Digital +Euro. While the authors peripherally acknowledge the existence of token-based +payment systems, the notion that a Digital Euro will somehow require citizens +to have some kind of central bank account is pervasive in the paper. We argue +that an account-based design cannot meet the ECB’s stated design goals and +that the ECB needs to fundamentally change its mindset when thinking about its +role in the context of the Digital Euro if it wants the project to +succeed. Along the same lines, the French National Council for Digitalization +published a report on "Notes and Tokens, The New Competition of Currencies" +[DGTV21]. Here, the authors make related incorrect claims about inevitable +properties of Central Bank Digital Currencies (CBDCs), going as far as stating +that a CBDC is not possible without an eID system. Our paper sets the record +straight. +</p> +<h4>Download links</h4> +<ul> + <li><a href="https://www.suerf.org/policynotes/46097/who-comes-after-us-the-correct-mindset-for-designing-a-central-bank-digital-currency">HTML +(English)</a></li> + <li><a +href="https://www.suerf.org/docx/f_cd24c3cabd88307c9c9299817143ba5d_46097_suerf.pdf">PDF (English)</a></li> +</ul> + +{% endblock body_content %} @@ -28,6 +28,9 @@ langs_full: tr: Türkçe meetingnotes: newsposts: + - page: 2022-05.html + date: 2022-05-25 + title: "Who comes after us? The correct mindset for designing a Central Bank Digital Currency" - page: 2022-03.html date: 2022-03-11 title: "Central Bank Accounts are Dangerous and Unnecessary: A critique of two papers" |