In this post I discuss several differences between physical cash, and what I imagine retail Central Bank Digital Currencies might end up looking like.
The post How unlike cash will CBDCs be? appeared first on Bits on Blocks.
Summary: Issuers of today’s fiat-backed stablecoins (such as PAX, USDC and TUSD) need to identify (or KYC) only those users who convert between bank account money and stablecoin, not all holders. Some people might be surprised that intermedi…Read More
Another day, another catastrophic data breach. This time it’s medical records in Singapore, where I live. At this stage we’re almost immune to this kind of headline: Cyberattack on Singapore health database steals details of 1.5…Read More