Central bank digital currencies are bitcoin’s slip road

Perhaps I’ve got it backwards. I described the innovation of bitcoin as triggering the government’s move towards technocratic money in the form of central bank…

Central bank digital currencies vs cryptocurrencies

Last week’s Fortune & Freedom titled “A New Monetary Disorder” got quite the response. Our publisher called it “massive” in an internal email. It seems…

Central bank digital currencies are even worse than fiat

Earlier this month, the People’s Bank of China (PBOC) announced it was expanding the testing of its central bank digital currency (CBDC) to six more…