Ludwin predicts central governments will mint currency as digital tokens
Adam Ludwin · a16z Podcast | Blockchain vs/and Bitcoin · Jan 2, 2019 · at 17:43
Adam Ludwin, co-founder of enterprise blockchain infrastructure company Chain, discusses the long-term evolution of central bank currencies on the a16z Podcast.
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“The very long term, and this is sort of controversial, but I don't, I think some, but I don't think is, is that central governments will be minting currency this way. So we already have three different forms of a dollar bill today. We have a literally like a dollar note. We have a coinage, right? And we have credit money where there's essentially the banking system is used to create funds. I think there will be a fourth medium, and that fourth medium will be a digital medium, where you'll be able to receive and have on deposit dollars that are essentially digital tokens that you can use in these systems.”
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