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Nick Anthony
EconWithNick@verified-nostr.com
npub1n2m8...gflr
Research Fellow at the Cato Institute's Center for Monetary and Financial Alternatives and Fellow at the Human Rights Foundation. Covering CBDCs, financial privacy, and cryptocurrency. Opinions are my own.
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EconWithNick 4 months ago
You'd think someone previously convicted of misusing public funds would be more careful about this sort of thing... image
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EconWithNick 4 months ago
The ECB says concerns about CBDCs are "disinformation" and "nonsense." image
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EconWithNick 4 months ago
The ECB isn't hiding it. Europeans will be forced to use the digital euro. image
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EconWithNick 11 months ago
Paul Krugman argues that the U.S. should adopt a "partial CBDC" and points to Brazil as the example to emulate. Specifically, he points to Pix. Has he really not heard of FedNow? image He says the "financial industry just has too much power, and would never allow a public system to compete with its products." Again, has he really not heard of FedNow? Or for that matter, the Fed's check and ACH services? image Frankly, it's also strange that Krugman criticizes concerns about CBDCs but makes no mention of the fact that Pix was forced on people. The government forced banks to adopt it. For anyone interested in what's happening with Brazil's actual CBDC work. The HRF CBDC Tracker has you covered.
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EconWithNick 1 year ago
"As long as the final decision on the digital euro has not been taken, it makes little sense for the Eurosystem to launch a large-scale public awareness drive." - Deutsche Bundesbank President Joachim Nagel I could not disagree more. People should know what their governments are doing. The need for this transparency is precisely why I have been working with the Human Rights Foundation on the @HRF CBDC Tracker to document CBDC development around the world. Furthermore, the need for transparency is also why I wrote my book to provide everything you need to get up to speed on CBDCs. From the myths to the risks, this book will help you decode what "CBDC" means for the future of money.