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Without privacy, do we really want a digital dollar?

COVID-19 is accelerating discussions about digitizing the dollar. Relief payments to support those suffering economically have revealed shortcomings inherent in current payment infrastructure. Fear of contagion has made handling physical...

China intends to launch a national digital currency that will let the government easily surveil spending. Following in their footsteps would be a mistake.

A recent New York Times report highlights that Facebook’s Libra project has led Beijing to accelerate its cryptocurrency effort: A state-issued e-currency would help China’s government know more — much, much more...