Sensing this dissatisfaction, entrepreneurs have introduced hundreds of digital currencies in the past few years, of which bitcoin is only the most famous. Now governments want in: The People's Bank of China says it intends to issue a digital currency of its own. Central banks in Ecuador, the Philippines, the U.K. and Canada are mulling similar ideas. At least one company has sprung up to help them along.I'm not a fan of the government controlled blockchain, even if I expect it.
Much depends on the details, of course. But this is a welcome trend. In theory, digital legal tender could combine the inventiveness of private virtual currencies with the stability of a government mint.
Trump’s current problem: He got outmachoed by Putin at their press conference - I pay little attention to all this Spy vs. Spy stuff, nor do I watch much TV, so I really don’t know what I’m talking about. But I suspect that Trump’s pro...
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