IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-3-031-54601-3_17.html
   My bibliography  Save this book chapter

Conclusion

In: Decoding Digital Assets

Author

Listed:
  • Leon V. Schumacher

Abstract

Summary This chapter concludes our exploration of digital currencies. Cryptocurrencies face challenges due to their volatility and limited acceptance. Stablecoins, while designed to combat volatility, still have acceptance limitations. Deposit tokens, a type of stablecoin proposed by banks, could revolutionize finance if the settlement problem can be addressed. CBDCs offer potential for stability and utility, but legal and regulatory complexities exist. Retail CBDCs could enhance privacy and enable efficient cross-border payments, but also pose risks like privacy breaches. The decline of physical cash drives these developments, emphasizing the need for a digital form of cash. Policymakers must navigate complex decisions to create user-friendly CBDCs. The future of CBDCs can be dystopian or privacy-focused, and it is vital for citizens to understand and influence their design. Numerous central banks are exploring CBDCs, and the path chosen will shape the digital monetary future. The reader’s interest and engagement in this topic are crucial to shape our futures.

Suggested Citation

  • Leon V. Schumacher, 2024. "Conclusion," Springer Books, in: Decoding Digital Assets, chapter 0, pages 335-341, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-54601-3_17
    DOI: 10.1007/978-3-031-54601-3_17
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-3-031-54601-3_17. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.