Post #115 NEW CONTENDER FOR WORLD RESERVE CURRENCY HAS APPEARED: DIGITAL CURRENCY OR CRYPTO-CURRENCY
Is a Global Digital Reserve Currency on the Horizon? Could a New World Digital Currency Come from Silicon Valley? In such an arrangement, the dollar and other reserve currencies would potentially remain as world reserve assets, but international settlement would primarily take place using the digital currency. Carney suggested that rather than a single CBDC, central banks could create a network of digital currencies.
Refer to post #114
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