If you are going to prevent digital dollars from being used for ransomware, money laundering, child trafficking, terrorism, you name it, is there any alternative to having a secure and legally traceable digital identity for all participants?
Foster questions the necessity of a traceable digital identity for secure digital dollars.
Share
More from Bill Foster
Frankly, when I read about this, it triggered my PTSD from the AIG situation with credit default swaps during the financial crisis.
If you conclude, as you are actively studying it, that you need more visibility into certain areas of, particularly nonbank things that may be parts of the chain of contagion, please let us know, because it is our job to avoid the next…
I guess when things are going well, as they currently are, it is all of our duties to look around the curve and see the risks that keep you up at night.
I think it is my personal goal to die before we have another financial crisis, and then I will be doing my job well.
Other voices in this conversation
