Digital Currency Economics and Policy
Bernard Yin Yeung · WORLD SCIENTIFIC eBooks · 2020
Recent technological advancements, particularly the advent of distributed ledger, have made the development of private digital currencies possible. This raises some important questions: Whether private digital currencies can be considered "money" and their impact on monetary policy and the international monetary system; whether central banks should issue their own digital currencies and the impact of such actions; and the usage of the distributed ledger technology in the financial system.