The Downer Roundup.
Japan Reportedly Readying Bitcoin Regulations.
eCurrency Mint Proposes Centralized Digital Currency.
Ripple Trade Support Ending in 2016.
Pentagon-Sponsored RAND Report Plays Up Crypto Threat.
http://dcebrief.com/digital-currency-weekly-recap-12-20-2015/
Great Recap Ken!
eCurrency Mint Proposes Centralized Digital Currency
In a move that is almost certain to evoke an unenthusiastic response from most digital currency enthusiasts, a company called eCurrency Mint is proposing a technological solution that could give central banks the tools they need to start issuing their own digital currency. According to reports, it would be centralized, and the supply of the currency would fluctuate in accordance with a given nation’s monetary policies. If that sounds almost indistinguishable from today’s fiat dollar, it is with good reason: the developers consciously worked to include many of the dollar’s features in their new currency.
They should check out Canada's costly 2 year MintChip experiment that failed. In my opinion, people are not going to flock to digital currency because it is digital or backed by a government. They will adopt it because it is a safe haven for their wealth that is FREE from government manipulation, corruption, inflation, and all the other pitfalls of fiat currency.