by Harold Fensky | Digital Currencies, Ethical and Social Implications
In an era where the digital and physical realms increasingly intertwine, the Bank of International Settlements (BIS) is orchestrating a profound transformation—the deployment of Central Bank Digital Currencies (CBDCs). This paradigm shift replaces the tactile legacy...
by Harold Fensky | CBDC, Economy, Energy, Finance
Once, in the corridors of futuristic economic thought, technocrats proposed a radical idea: replacing traditional currency, specifically dollars, with energy credits called Ergs. This proposal, although not realized, echoes strikingly in today’s discussions...
by Harold Fensky | Philosophical Perspectives, Policy and Regulation, Social Impact
In the rapidly evolving digital landscape, two significant developments have captured the global spotlight: the advancement of Artificial Intelligence (AI) and the emergence of Central Bank Digital Currencies (CBDCs). While these innovations promise efficiency and...