6Pages write-ups are some of the most comprehensive and insightful I’ve come across – they lay out a path to the future that businesses need to pay attention to.
— Head of Deloitte Pixel
At 500 Startups, we’ve found 6Pages briefs to be super helpful in staying smart on a wide range of key issues and shaping discussions with founders and partners.
— Thomas Jeng, Director of Innovation & Partnerships, 500 Startups
6Pages is a fantastic source for quickly gaining a deep understanding of a topic. I use their briefs for driving conversations with industry players.
— Associate Investment Director, Cambridge Associates
Read by
BCG
500 Startups
Used at top MBA programs including
Stanford Graduate School of Business
University of Chicago Booth School of Business
Wharton School of the University of Pennsylvania
Kellogg School of Management at Northwestern University
Summary
  • In a survey by the “central bank for central banks” (Bank of International Settlements), 80% of central banks were working on a digital currency in some capacity and 20% expected to issue a general-purpose one in the next 6 years.
  • Of the major economies, China is by far the closest to implementing a central bank digital currency (CBDC). After 5+ years, the Digital Currency/Electronic Payments (DCEP) – also known as the ”digital yuan” – is expected to be in circulation by the end of 2020.
  • While the near-term impact of central bank digital currencies may not be noticeable to the average consumer, the long-term vision is of near-instant, cheap payments around the world, opening up the global marketplace.
  • The advent of currencies like the digital yuan and Facebook-backed Libra pose a nascent but existential threat to the US’ ability to wield power on the global political stage through the US dollar – from sanctions to counter-terrorism to US dollar-denominated trade.
Become an All-Access Member to read the full brief here
All-Access Members get unlimited access to the full 6Pages Repository of712 market shifts.
Become a Member
Become a Member
Already a Member?
All Briefs
See more briefs

Get unlimited access to all our briefs.
Make better and faster decisions with context on far-reaching shifts.
Become a Member
Become a Member
Get unlimited access to all our briefs.
Make better and faster decisions with context on what’s changing now.
Become a Member
Become a Member