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Twenty-five years ago, in the dawn of electronic money, Federal Reserve Board Chairman Alan Greenspan presented a paper at the U.S. Treasury conference on \u201cElectronic Money and Banking: The Role of Government,\u201d where he argued that the future of e-cash will depend on the private sector\u2019s \u201cflexibility to experiment, without broad interference by government.\u201d The COVID-19 pandemic has hastened the transition from paper currency to e-cash. People still want cash, but increasingly in digital form stored on mobile wallets rather than in bill folds.<\/p>\n<\/div>\n<\/div>\n
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[ad_1] Twenty-five years ago, in the dawn of electronic money, Federal Reserve Board Chairman Alan Greenspan presented a<\/p>\n","protected":false},"author":1,"featured_media":28369,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[25],"tags":[362,132,531],"class_list":["post-28368","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-market","tag-money","tag-tech"],"featured_image_urls":{"full":["https:\/\/www.coindesk.com\/resizer\/SJwhwxl6GxTuFLUF5NWP4XsK72Q=\/1200x628\/cloudfront-us-east-1.images.arcpublishing.com\/coindesk\/6EHP7TLXWVEOHGH4R2DY6P2DAA.jpg",0,0,false],"thumbnail":["https:\/\/www.coindesk.com\/resizer\/SJwhwxl6GxTuFLUF5NWP4XsK72Q=\/1200x628\/cloudfront-us-east-1.images.arcpublishing.com\/coindesk\/6EHP7TLXWVEOHGH4R2DY6P2DAA.jpg",null,null,false],"medium":["https:\/\/www.coindesk.com\/resizer\/SJwhwxl6GxTuFLUF5NWP4XsK72Q=\/1200x628\/cloudfront-us-east-1.images.arcpublishing.com\/coindesk\/6EHP7TLXWVEOHGH4R2DY6P2DAA.jpg",null,null,false],"medium_large":["https:\/\/www.coindesk.com\/resizer\/SJwhwxl6GxTuFLUF5NWP4XsK72Q=\/1200x628\/cloudfront-us-east-1.images.arcpublishing.com\/coindesk\/6EHP7TLXWVEOHGH4R2DY6P2DAA.jpg",null,null,false],"large":["https:\/\/www.coindesk.com\/resizer\/SJwhwxl6GxTuFLUF5NWP4XsK72Q=\/1200x628\/cloudfront-us-east-1.images.arcpublishing.com\/coindesk\/6EHP7TLXWVEOHGH4R2DY6P2DAA.jpg",null,null,false],"1536x1536":["https:\/\/www.coindesk.com\/resizer\/SJwhwxl6GxTuFLUF5NWP4XsK72Q=\/1200x628\/cloudfront-us-east-1.images.arcpublishing.com\/coindesk\/6EHP7TLXWVEOHGH4R2DY6P2DAA.jpg",null,null,false],"2048x2048":["https:\/\/www.coindesk.com\/resizer\/SJwhwxl6GxTuFLUF5NWP4XsK72Q=\/1200x628\/cloudfront-us-east-1.images.arcpublishing.com\/coindesk\/6EHP7TLXWVEOHGH4R2DY6P2DAA.jpg",null,null,false],"morenews-featured":["https:\/\/www.coindesk.com\/resizer\/SJwhwxl6GxTuFLUF5NWP4XsK72Q=\/1200x628\/cloudfront-us-east-1.images.arcpublishing.com\/coindesk\/6EHP7TLXWVEOHGH4R2DY6P2DAA.jpg",null,null,false],"morenews-large":["https:\/\/www.coindesk.com\/resizer\/SJwhwxl6GxTuFLUF5NWP4XsK72Q=\/1200x628\/cloudfront-us-east-1.images.arcpublishing.com\/coindesk\/6EHP7TLXWVEOHGH4R2DY6P2DAA.jpg",null,null,false],"morenews-medium":["https:\/\/www.coindesk.com\/resizer\/SJwhwxl6GxTuFLUF5NWP4XsK72Q=\/1200x628\/cloudfront-us-east-1.images.arcpublishing.com\/coindesk\/6EHP7TLXWVEOHGH4R2DY6P2DAA.jpg",null,null,false]},"author_info":{"info":["wolf2021"]},"category_info":"Bitcoin<\/a>","tag_info":"Bitcoin","comment_count":"0","_links":{"self":[{"href":"https:\/\/thecryptowolf.net\/wp-json\/wp\/v2\/posts\/28368","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thecryptowolf.net\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thecryptowolf.net\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thecryptowolf.net\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thecryptowolf.net\/wp-json\/wp\/v2\/comments?post=28368"}],"version-history":[{"count":0,"href":"https:\/\/thecryptowolf.net\/wp-json\/wp\/v2\/posts\/28368\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thecryptowolf.net\/wp-json\/wp\/v2\/media\/28369"}],"wp:attachment":[{"href":"https:\/\/thecryptowolf.net\/wp-json\/wp\/v2\/media?parent=28368"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thecryptowolf.net\/wp-json\/wp\/v2\/categories?post=28368"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thecryptowolf.net\/wp-json\/wp\/v2\/tags?post=28368"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}