Most countries now share an established model of providing money to the economy through a two-tiered structure, which consists of a central bank and commercial banks. The future of the monetary system will necessarily be shaped by both public and private initiatives, and to issue private-based and two-layered digital currencies denominated by sovereign currency units can be a promising option.
CITATION STYLE
Yamaoka, H. (2022). Digital Currencies and the Future of Money. In Perspectives in Law, Business and Innovation (pp. 49–73). Springer. https://doi.org/10.1007/978-981-16-7830-1_4
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