IMF Offers a Glimpse at the Perils of Central Bank Digital Currencies
Government-controlled digital money could mean the end of financial privacy and independence.
Government-controlled digital money could mean the end of financial privacy and independence.
Crypto podcaster, writer, and infrastructure investor Nic Carter discusses the role digital assets played in Trump's election, the persecution of Polymarket, and the "enormous spiritual chasm between the right and the left."
But local free market economists think further currency and labor reforms will get the Argentine economy recovering faster
Donald Trump believes that endless sanctions on Russia and Iran have serious downsides. So do Kamala Harris’ advisers.
The candidate who grasps the gravity of this situation and proposes concrete steps to address it will demonstrate the leadership our nation now desperately needs. The stakes couldn't be higher.
We could grow our way out of our debt burden if politicians would limit spending increases to just below America's average yearly economic growth. But they won't even do that.
Digital payments are easy to use, but also to monitor and block.
Plus: Steep drop in confidence in higher education, what The Bear can teach us about dynamism and bureaucracy, and more...
"If you don't trust central authority, then you should see this immediately as something that is very problematic," says the Florida governor.
Most dangerously of all, they're starting to make their own central bank digital currencies.
The Federal Reserve started the problem, and consumers are paying for the consequences.
Inflation damages the economy while doing the greatest harm to the most vulnerable.
Last week, the price of bitcoin fell to lows not seen since 2020 while a prominent stablecoin collapsed. Does this mean it was all a Ponzi scheme?
The Massachusetts senator also came out in favor of creating a central bank digital currency
The president's anticipated executive order stopped short of feared regulations but suggests federal unease with uncontrolled development.
Regarding the authoritarian country's central bank digital currency, you do not, under any circumstances, “gotta hand it to them.”
Politicians attack dollar-backed cryptocurrencies called “stablecoins” and the decentralized finance it enables
It's even worse than the widely-skewered broker provision.
Turkey shows the danger of inflation and giving officials free rein to mess with money.
Though domestic crypto transactions were banned back in 2017, today's move signals that Chinese authorities are making good on their threats from earlier this year.
Senegalese app developer Fodé Diop sees bitcoin as a way to end "monetary colonialism" in the developing world.
For now, the side that wants less cryptocurrency regulation and taxation lost.
Officially adopting the currency is great news, but mandating acceptance is a problem.
Why is it so hard for him to just admit he was wrong?
Chairman Jerome Powell says the Fed will look into the "benefits and risks" of a digital dollar.
There are any number of ways regulators may seek to clamp down on cryptocurrencies.
Similar measures have been tried before, right here in America, and they have worked. But that's actually not good news for MMT fans today.
The value of our money may be the latest victim of pandemic-era policy.
Will Ecuador make the same mistake Venezuela already suffered through with dedollarization?
Western countries aren’t immune to the siren call of surveillance via commerce-tracking.
Besides, the regulators are already licking their chops.
A new book aims to chronicle the digital currency's ideological origins.
Don't worry about China's currency manipulation. It only hurts China's own people, and benefits American consumers and businesses.
Stocks plunge as China cuts off purchases of American agricultural goods, U.S. responds by labeling China a "currency manipulator" because the Chinese government is no longer artificially propping up the yuan.
Many digital payments can be tracked, potentially assisting an authoritarian crackdown.
A cashless society is a monitored (and potentially controlled) society.
Economists Kenneth Rogoff and Lawrence H. White face off over what the impact would be of a ban on cryptocurrency and phaseout of the $100 bill.
This will hurt innocent people. It may harm legal businesses. And it won't actually work.
Around the world, governments are trying to kill paper money. It's a terrible idea.
Officials want to track every financial transaction you make, and they see cryptocurrencies and cash alike as barriers to achieving that goal.
Evaluating the current cycle of buzz
Q&A with Caitlin Long, a former Morgan Stanley managing director, cryptocurrency enthusiast, and recent convert to Austrian economics.
Modi restores a command economy, ends liberalization.
PM Modi's demonetization is a scheme to rob private enterprise, just like his socialist predecessors did.
The rise of ramen noodles as prison currency can be blamed on cost-cutting that leaves prisoners hungry, says a new study.
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