As much as I want to take credit for this, speculative attacks and hyperbitcoinization are such obvious/inevitable outcomes that almost anyone with a monetary economics background will come to the same conclusion (if they’re honest!).https://twitter.com/Markoola121/status/973675052842418179 …
Did you read the article? It suggests that *central bank issued cryptocurrencies* might lead to runs on the banking system, as they would enable ppl to easily move their funds from deposits to currency.