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U.S. Fed Paper: Central Bank Cryptocurrencies Are Missing The Point
Forbes article about Prof. Fabian Schär's and Prof. Aleksander Berentsen's report: The Case for Central Bank Electronic Money and the Non-case for Central Bank Cryptocurrencies
Many central banks around the world are either considering or already developing cryptocurrencies to try to meet demand brought about by the rise of Bitcoin.
Many Bitcoin and cryptocurrency faithful have long said these would not really be in the same category as Bitcoin and other more recent cryptocurrencies as they would not be decentralised — and a paper from the U.S. Federal Reserve Bank of St Louis, one of 12 regional Reserve Banks that make up the U.S. central bank, not only supports this argument, but goes further.