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Fedcoin Rising?

giulioprisco writes US economists are considering a government-sponsored digital currency. On February 3, David Andolfatto, Vice President of the Federal Reserve Bank of St. Louis, wrote a blog post based on a presentation he gave at the International Workshop on P2P Financial Systems 2015 [YouTube video]. The title of the blog post is "Fedcoin: On the Desirability of a Government Cryptocurrency."

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  1. Of course by Anonymous Coward · · Score: 5, Insightful

    So they have a system that allows you to pass around *coins as if they were US dollars (the exchange rate is pegged) but all the transactions are digitally tracked in real time? Fuck yeah the feds want that!