Monetary authorities are finally taking crypto seriously – perhaps too seriously.The idea of fiat currency is something of a historical anomaly. Around 5,000 years ago, shiny metals became a store of value for goods and services. Those were soon fabricated into standardized tokens, becoming media of exchange. It wasn’t for another 2,000 years, though, that anyone engraved the … [Read more...] about CBDCs are coming. Privately created stablecoins need to come faster