The Case for Central Bank Electronic Money and the Non-Case for Central Bank Cryptocurrencies

We characterize various currencies according to their control structure, focusing on cryptocurrencies such as Bitcoin and government-issued fiat money. We then argue that there is a large unmet demand for a liquid asset that allows households and firms to save outside of the private financial sector

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Year of publication:	2020
Authors:	Berentsen, Aleksander
Other Persons:	Schär, Fabian (contributor)
Publisher:	[2020]: [S.l.] : SSRN
Subject:	Geldpolitik \| Monetary policy \| Zentralbank \| Central bank \| Elektronisches Geld \| Electronic money \| Virtuelle Währung \| Virtual currency \| Zahlungsverkehr \| Payment system

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Extent:	1 Online-Ressource (10 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Review, Vol. 100, Issue 2, pp. 97-106, 2018 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments 2018 erstellt
Classification:	E50 - Monetary Policy, Central Banking and the Supply of Money and Credit. General ; E59 - Monetary Policy, Central Banking and the Supply of Money and Credit. Other ; G23 - Pension Funds; Other Private Financial Institutions
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012852088