Opinion
The U.S. could possibly lose the digital war to China if it doesn’t issue a digital dollar ahead of the digital yuan.
Jeff Bone
The author is an independent contributor writing an opinion or expert take. Views expressed are the author’s own and may not reflect Cointelegraph’s editorial position. Jeff Bone is a managing partner at NextPrime. Previously, he built and ran the foreign exchange and fixed income desks at RGM Advisors, a global proprietary trading firm. As a serial entrepreneur, his prior companies have been acquired by General Magic, IBM and CMGI. Jeff is an investor who has been actively involved with cryptocurrencies since 2010; his notable seed stage investments include Coinbase.
Why the Fed Needs to Start Issuing Digital Dollars