Close Menu
    Facebook X (Twitter) Instagram
    ESP Blockchain Journal
    • Noticias
      • Noticias Blockchain
      • Noticias Bitcoin
      • Noticias Ethereum
      • Noticias Ripple
      • NFT
      • Metaverso
      • DeFi
      • Noticias Tron
      • Noticias Litecoin
      • Noticias Monero
      • Noticias Cardano
      • Noticias Stellar
      • Noticias Algorand
      • Noticias Dogecoin
      • Noticias Polkadot
      • Noticias Kusama
      • Noticias Solana
      • Opinión
    • Análisis de Precios
    • Academia Cripto
    • Contacto
    • bandera
    ESP Blockchain Journal
    Home»Noticias»Ex-adviser to Donald trump predicted the collapse of the monopoly of central banks and announced the launch of stablecoin

    Ex-adviser to Donald trump predicted the collapse of the monopoly of central banks and announced the launch of stablecoin

    0
    By BlockchainJournal on octubre 21, 2019 Noticias
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Economist Stephen Moore, an agent of Donald Trump, co-founded Frax, which will release the eponymous stablecoin to compete with central banks, Fortune reports.

    Its partners were Sam Cazemian, co-founder of Everipedia (a blockchain competitor to Wikipedia) and former adviser to the Reagan administration Ralph Benko.

    “Central banks will soon feel competition from private currencies like Frax. The days of state currency monopoly are numbered , ”said Moore.

    He also added that the world needs a stable global currency, given the raging hyperinflation in some countries.

    Andrew Harrer / Bloomberg / Getty Images

    “I have been studying monetary policy for 30 years. The monopoly of the government on money has always perplexed me – this is an unhealthy market. If private competitors can challenge central banks, this will be a normal market , ”he said, admitting that he professes libertarian views.

    Frax will be pegged to the US dollar in a 1: 1 ratio, however, reserves will be used to issue loans under the control of a number of algorithms. Moore, whom Donald Trump has nominated to the Board of Governors of the Fed, will not abandon the concept of partial reservation.

    Trump himself from Bitcoin is "not happy" and does not consider cryptocurrency money.

    Donald Trump spoke for the first time about Bitcoin and Libra

    Earlier, Moore joined the Decentral cryptocurrency central bank project.

    Subscribe to BlockchainJournal news on Telegram: BlockchainJournal Feed – the entire news feed, BlockchainJournal – the most important news and polls.

    << aside id = "unisender_subscribe_form-10" class = "widget unisender_form">

    BlockchainJournal.news

    BlockchainJournal.news

    bitcoin blockchain Bloomberg Featured Libra Telegram
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    BlockchainJournal

    Related Posts

    Hyperliquid pide propuestas para lanzar USDH en medio de objeciones por equidad en la gobernanza

    septiembre 5, 2025

    SharpLink explorará el staking de parte de su tesorería en Ethereum en la red Linea

    septiembre 5, 2025

    Strategy Inc. enfrenta obstáculos para entrar al S&P 500 por su volatilidad y dependencia de Bitcoin

    septiembre 5, 2025

    Wallet Antigua despierta: 479 BTC (52 millones USD) movidos tras 13 años

    septiembre 5, 2025

    World Liberty Financial bloquea la wallet de Justin Sun en medio de la polémica por WLFI

    septiembre 4, 2025

    SEC apuesta por una agenda pro-cripto con una serie de rulemakings sobre activos digitales

    septiembre 4, 2025
    Buscar
    Facebook X (Twitter) Instagram Pinterest
    © 2025 Blockchainjournal

    Type above and press Enter to search. Press Esc to cancel.

    Utilizamos cookies para asegurar que damos la mejor experiencia al usuario en nuestra web. Si sigues utilizando este sitio asumiremos que estás de acuerdo.