Uruguay’s Central Bank to launch Pilot Program for Cryptocurrency


I was very briefly a part of this story back in 2015, and very excited to see it finally take off.  One of the reasons cryptocurrency has done so well is that fiat currency has been way behind the innovation curve.  It will be very interesting to see whether the digitization of fiat currency will stimulate or inhibit the demand for non-fiat cryptocurrency; I could make some compelling arguments in either direction.  Meanwhile, I will be watching the progress of this project with great interest.

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