Tag: Fedcoin

Former Fed Governor Believes FedCoin Could Rival Bitcoin

Central banks all over the world are – for the most part – convinced that issuing their own versions of Bitcoin serves no real purpose as of right now. The Federal Reserve, on the other hand, may have different ideas. One of its former officials is still convinced that the concept of FedCoin holds a lot of merit. One can only hope common sense prevails in the long run. The FedCoin …
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What is Fedcoin?

Cryptocurrency enthusiasts were not surprised to find out various central banks and governments want to issue their own digital currency in the future. In the United States, this initiative is known as Fedcoin. The idea was first proposed in 2014 by JP Koning. Fedcoin will not necessarily be a threat to bitcoin anytime soon, yet it is worth looking at what this project entails exactly. Fedcoin Could Have Its Merits …
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