Semester Project Digital Currency as World Reserve Currency! "Critics of our international monetary system have questioned the role of central bank-managed currencies such as US dollar, the British pound, and the euro. For example, critics note that by creating too much money, the Federal Reserve has contributed to inflation and a decline in the dollar's value. Is there a different type of money that better maintains its purchasing power?.... In 2017, the head of the IMF, Christine Lagarde cautioned that cryptocurrencies could displace central banks, conventional banking, and national currencies in the years ahead." by Robert J. Carbaugh, International Economics 17th. Edition, pp 370