News for hackers. Stuff that matters.

A comment on G7 finance officials endorse principles for central bank digital currencies.

Re:G7 finance officials endorse principles for central bank ... by ilaksh on Thursday October 14, 2021 @03:12AM (#28861377)
> any CBDC should be grounded in our long-standing public commitments to transparency, the rule of law and sound economic governance

Only way to do that which I am aware of is a type of cryptocurrency.

[ Parent | on HN ]
Re:G7 finance officials endorse principles for central bank ... by sofixa on Thursday October 14, 2021 @03:25AM (#28861462)
> the rule of law and sound economic governance

> Only way to do that which I am aware of is a type of cryptocurrency.

Is there a cryptocurrency you associate with rule of law and sound economic governance?

[ Parent | on HN ]
Re:G7 finance officials endorse principles for central bank ... by ilaksh on Thursday October 14, 2021 @03:30AM (#28861488)
It starts with transparency. The basic requirement is to be able to verify that people aren't cheating. Cryptocurrencies are the best known way to do this.
[ Parent | on HN ]