For orthodox Bitcoiners central banks are often seen as the incarnation of evil. But , alas, in the case of two Carribean central banking economists the feeling of reprehension wasn't reciprocated. Winston Moore and Jeremy Stephen were formerly associated with the Central Bank of Barados and fascinated by the potential of cryptocurrencies, they explored the consequences of their central bank holding Bitcoin as part of their international reserves. They joined us for a discussion of central banking, the pecularities of monetary policy in a small island nation and what Bitcoin could bring to the equation. Topics covered included:The function of central banksThe role international reserves hold for central banksThe peculiar challenges of central banks of small island nation statesHow speculative attacks on central banks workWhy central banks may want to hold cryptocurrencies as part of their portfolioHow Bitt plans to issue Barbados Dollar using the Bitcoin blockchain and the open asset protocol Links mentioned in this episode: Paper on inclusion of cryptocurrencies in international reserve portfolio of Central Bank of Barbados [PDF]Barbados Cryptocurrency Startup BittBitt launches Barbados Dollar on blockchainWinston Moore's WebsiteJeremy Stephen's WebsiteEB Episode 83 with David Andolfatto on Fedcoin and central bank issued cryptocurrencies Sponsors: Hide.me: Protect your privacy and personal data with a free VPN account at Hide.me/epicenter Show notes YouTube SoundCloud Epicenter Bitcoin is hosted by Brian Fabian Crain, S?ƒbastien Couture & Meher Roy.Visit our websiteSubscribe to our newsletterTwitter