by Misha Guttentag | Jul 1, 2020 | Banks, CBDCs, Central Banks, Digital Money
By JP Schnapper-Casteras and Misha Guttentag Much has happened — in public health and in central banking — since our last post spelling out some key questions on Central Bank Digital Currencies (CBDCs). Congress is holding hearings, the Federal...
by Misha Guttentag | May 5, 2020 | Broadband
In the last two months, billions of people have started working and educating their kids from home, underscoring the necessity of fast, at-home Internet (“broadband”). Yet in the United States, one in four households has no broadband at home. And those who can pay for...
by Misha Guttentag | Oct 7, 2019 | Digital Money, Lightning
By Misha Guttentag and JP Schnapper-Casteras What if spending money in the real world was as inconvenient and invasive as spending money online? Imagine a customer at the register of a local corner store: Customer: I’d like to buy this $1 water. Merchant: OK, I...
by Misha Guttentag | Jun 18, 2019 | Banks, Bitcoin, Digital Money
By Misha Guttentag and JP Schnapper-Casteras Today’s announcement of Facebook’s much-anticipated cryptocurrency, Libra, has already spurred a flurry of commentary about technology and ramifications for the fintech space. But as Facebook publicly unveils its plans for...
by Misha Guttentag | Mar 6, 2019 | Banks, Bitcoin, Digital Money
The Bank of Canada recently published a study on “cryptoassets” that contains a subtle but significant error. In this post I explain what went wrong and why the Bank, which has previously released high-quality scholarship on this topic, should prioritize a...
