> These “govcoins” are a new incarnation of money. They promise to make finance work better but also to shift power from individuals to the state, alter geopolitics and change how capital is allocated. They are to be treated with optimism, and humility.
Not sure I would describe a power transfer from individuals to the state as a cause for optimisim, but hey, this is The Economist.
Not sure I would describe a power transfer from individuals to the state as a cause for optimisim, but hey, this is The Economist.