In a new report, the Government Accountability Office (GAO) considers the financial benefit of switching to a $1 coin.
What would the cryptorouble bring to the table? It’s not hard to guess: some measure of control by the Russian government and central bank. We have no details yet on how the structure would work. But we can speculate. The best possible guess is that the cryptorouble would add a settlement layer to the official currency. It would enjoy the status of being legal tender. It would permit a more efficient and borderless method of transferring claims.
The war on cash in Sweden may be stalling.
I have finally had a chance to read in full the unsigned report by the European Central Bank that I mentioned earlier this week. The report is quite impressive. The report clearly states the advantages of Bitcoins versus current credit/debit cards: