Private Crypto vs Public Digital - battle over currencies and payment platforms
(cacm.acm.org)
Governments have been creating public “fiat money”—financial instruments such as paper notes used to buy goods and services or repay debts, with no backing from physical assets such as gold or silver—for more than 1,000 years.
Governments have been creating public “fiat money”—financial instruments such as paper notes used to buy goods and services or repay debts, with no backing from physical assets such as gold or silver—for more than 1,000 years.