Too Long; Didn't Read
U.S. considering creating its own digital fiat currency to improve 'financial governance' Central bank officials also say private cryptos pose threats to sovereign monetary policies. Central banks just need the right motivation; i.e., a motivation that threatens their financial control over the markets and the masses. Getting it right on the part of central banks will require these “efforts” are not merely a negative reaction to Libra (and other cryptocurrencies). It will also require a positive, proactive component that accounts for why crytpocurrencies are gaining ever-greater popularity amongst jaded populations.