A Digital “Fedcoin” May Be Coming… And It Would Be Terrifying

Cryptocurrencies are based on blockchain technology that allows for de-centralized peer-to-peer transactions to take place outside the government-controlled banking system. Backers of cryptocurrencies such as Bitcoin tout their privacy advantages and resistance to inflation due to their strictly limited quantities. But what if this free-market innovation were co-opted to achieve opposite ends – centralized tracking […]

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