Australia is investigating a digital currency, or e-dollar, but its benefits seem slight and the risks to privacy large
- Written by Nafis Alam, Professor and Head, School of Business, Monash University
ShutterstockWe are used to thinking of money as notes and coins, the kind most of us hold in our wallets. But most money – in Australia it’s 96.3% – is digital, held by financial institutions and moved around via bank transfers, debit cards and credit cards.
Late last year Treasurer Josh Frydenberg promised to consult about...
