private money, Bank of International Settlements, history of money, free banking, Bitcoin

In February 2018 Agustin Carstens, the General Manager of the Bank for International Settlements in Basel, gave a speech at Goethe University in Frankfurt entitled "Money in the digital age: what role for central banks?" The speech quickly became notorious in the cryptocurrency community for its brusque…

In 2014 the government of Ecuador, under then-President Rafael Correa, announced with great fanfare that the Ecuadorian Central Bank (BCE) would soon begin issuing an electronic money (dinero electr├│nico, or DE). Users would keep account balances on the central bank's own balance sheet and transfer them using…