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The Economics of Cryptocurrencies. Among its main features are:. Cryptocurrencies and Blockchain World Bank.
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The Economics of Cryptocurrencies. Among its main features are:. Cryptocurrencies and Blockchain World Bank.
Will CBDC lead to public surveillance of the citizens? Thus, there is a trade-off in designing CBDC for greater adoption. Presents a new dominant money paradigm Discusses the transformation of the monetary system from bankmoney to central-bank digital currency CBDC Analyzes the dynamics of the current recomposition of the money supply. Temporary subsidies and using CBDC for government payments can spur initial take-up to transition an economy to a welfare improving steady state with high er CBDC usage. What would that mean to the economy?
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