The entire time I was reading the article, I kept waiting to an explanation of how "digital currencies" enable all these new fancy tools and powers. It never came. The article is nothing but hype with no content of value I could find.
Most of what the article talks about seems much more related to having a central bank provide retail banking services and modernizing our transactiok settlement network. All of that seems easily doable with creating a serparate currency.
The concerns listed also don't seem new. Worried about people buying foriegn currency and tanking the value of the local currency? So is Argentina and that has nothing to do with any digital currency.
Most of what the article talks about seems much more related to having a central bank provide retail banking services and modernizing our transactiok settlement network. All of that seems easily doable with creating a serparate currency.
The concerns listed also don't seem new. Worried about people buying foriegn currency and tanking the value of the local currency? So is Argentina and that has nothing to do with any digital currency.