How "Fedcoin" Will Spearhead the War on Cash

The one cryptocurrency you don't want to see is Fedcoin. That's the name of a hypothetical digital currency that would be pegged to the dollar and issued by the U.S. Federal Reserve. Some Fed officials are already talking about it, and several of the world's other central banks are investigating creating national cryptocurrencies of their own. Fedcoin solves several problems for Washington, but at the expense of citizens' rights. Here's why the government will love Fedcoin - and you'll hate it... Tags: cryptocurrencies To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2017 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post How "Fedcoin" Will Spearhead the War on Cash appeared first on Money Morning - We Make Investing Profitable .