Why Agora Project’s CBDC Should Scare You

Why Agora Project’s CBDC Should Scare You

You’ve got to hand it to the banks—they’re brilliant at packaging control as convenience. Case in point: the Agora Project’s CBDC, where 40 of the world’s largest banks, along with the New York Fed and some G7 central banks, claim they’re about to...
To CBDC or Not to CBDC?

To CBDC or Not to CBDC?

Count me as bemused by the idea of issuing a central bank digital currency. The rough idea is to let citizens directly hold electronic currency issued by their central bank—the Federal Reserve in the US, the Bank of Canada in Canada. Citizens could then use the...