Should the U.S. Government Create a Token-Based Digital Dollar?
Alt-M | Larry White | June 19, 2020 Proposals for "central bank digital currency" (CBDC) come in two basic types: account-based and token-based. I have been critical of proposals for an account-based system. Until recently, there didn't seem to be much active interest in a token-based system. But now comes a significant token-based proposal in
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