#Former Federal Reserve Governor Supports ‘FedCoin’ Project...!!!

nixon73 (49)in #cryptocurrency • 7 years ago

Kevin Warsh, a former U.S. Federal Reserve governor, recently told The New York Times the Fed should give serious consideration to releasing a government-sponsored cryptocurrency — commonly called a “FedCoin.”

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Basis brings the benefits of cryptocurrency without the volatility, said its chief executive, Nader Al-Naji. Basis would be distributed to those participating in the system, thereby decentralizing monetary expansion. Should it accomplish its goal, Basis will benefit the efficiency of developing nations’ economies, said Al-Naji...Click here to know the details story