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 Concept Isn’t Dead For quite some time now, there have been rumors regarding the Federal Reserve issuing its very own digital currency. Such a concept makes sense on paper, as