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Tokens vs. Accounts: Why the Distinction Still Matters
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Tokens vs. Accounts: Why the Distinction Still Matters

Author

Listed:
  • Charles M. Kahn

Abstract

Computer science experts may say the difference is irrelevant in the digital world. But when it comes to payments, distinguishing the two still has value in the real world.

Suggested Citation

  • Charles M. Kahn, 2020. "Tokens vs. Accounts: Why the Distinction Still Matters," On the Economy 88866, Federal Reserve Bank of St. Louis.
    • Handle: RePEc:fip:l00001:88866
    as

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