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Gold or bitcoin—which store of value?

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One has been around for three billion years, the other for only twelve. Yet supporters of the upstart—bitcoin—say it can beat gold as a vehicle for long-term savings. In the […]

Central banks brace for stablecoin explosion

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Central banks are braced for a world in which digital dollar tokens called stablecoins explode in value, posing a threat to governments’ ability to monitor the financial system. That’s one […]

A money revolution is going on

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The increasing adoption of cryptodollars—digital dollar tokens that can be passed hand-to-hand—is a sure sign of the revolution that’s taking place in money, says Nic Carter, our guest on the […]

Stablecoin design is difficult and dangerous

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Too strict a reserve policy makes asset-backed money of limited use. But too lax a policy may be the first step on a slippery path to destruction. Since US President […]

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