
Will Declining Usage Of Cash Force Bank of Canada (BOC) To Launch Its Own Digital Currency?
There are two scenarios which will force the Bank of Canada (BOC) to issue its own digital currency. First, if cash as we know cannot serve its purpose as a utility, or second, if private digital currencies (stablecoins) become widespread. Given the state of the global economy, the likelihood of the first scenario coming to
There are two scenarios which will force the Bank of Canada (BOC) to issue its own digital currency. First, if cash as we know cannot serve its purpose as a utility, or second, if private digital currencies (stablecoins) become widespread. Given the state of the global economy, the likelihood of the first scenario coming to