seiner Vorherrschaft erreicht. Die Zukunft aber gehört dem digitalen Geld, vor allem dem digitalen Zentralbankgeld, zum …

"Bitcoin became a buzzword overnight. A cyber-enigma with an enthusiastic following, it pops up in headlines and fuels … what it is. This raises the question: Why should anyone care about bitcoin? In The Age of Cryptocurrency, Wall Street … the people who use it and one safeguarded from the devastation of a 2008-type crash. But bitcoin, the most famous of the …

To support the understanding that banks' debt issuance means money creation, while centralized nonbank financial … notion of money creation as a result of banks' loan creation is compatible with the notion of liquid funding needs in a multi …

Cryptocurrencies provide an important dimension of innovation to the evolution of the exchange medium we call money …. There are now over 4,000 such currencies, and their potential and volume is growing. The impact of such currencies for money … of their traditional tools to control money supply and interest rates - such as reserve requirements and the discount …

of the three forms, commodity money (having intrinsic value, like, silver, copper etc.), a fiat currency (coins & paper …