Q+A Corner | FedCoin vs. Bitcoin vs. CBDCs
Markets Outlook
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The Differences Between Cryptocurrencies and Central Bank Digital Currency
Market Staley: There's a lot of confusion about the differences between cryptocurrencies and central bank digital currencies. The value of a central bank digital currency is determined almost entirely based on how well the government does at managing the money, which historically they've not done a great job at. So I kind of viewCentral Bank Digital Currencies as a necessary halfway step to get people used to new technology.
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