George Selgin on Bitcoin and the Future of CBDCs

George Selgin is the director emeritus of the Cato Institute’s Center for Monetary and Financial Alternatives and is a returning guest to Macro Musings. George rejoins David on the podcast to discuss cryptocurrency, stable coins, CBDCs, and a push for a higher inflation target. Specifically, George and David discuss the category of ‘synthetic commodity money’ and how bitcoin is a potential example, the current state of Bitcoin amidst El Salvador’s transition to Bitcoin as its legal tender, the role of fintechs in the potential future of a Fed central bank digital currency, and much more.

Transcript for the episode can be found here: https://www.mercatus.org/bridge/tags/macro-musings

George’s Twitter: @GeorgeSelgin

George’s Cato Institute profile: https://www.cato.org/people/george-selgin