Fedcoin Could Be Coming Soon, But Would It Really Challenge Bitcoin
The idea ofFedcoin,a cryptocurrency sponsored by the U.S. government and managed by the Federal Reserve, has been around for quite some time. Imagine that the Fed, as the core developer, makes available an open-source Bitcoin-like protocol suitably modified called Fedcoin, a Federal Reserve VPspeculatedalready in 2015. The idea gained traction also in Europe in connection with the financial crisis in Greece, and was notably discussed in a Eurocoin context by former Greek Minister of FinanceYa