China has rolled out limited testing of a new digital currency designed by the central bank. The digital currency is being rolled out in four cities, and in some cases government employees will have part of their salary paid in the new money for use in certain designated transactions such as covering the cost of commuting. China’s digital currency resembles bitcoin, but without anonymity,...
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The Weekend culture policy
What a Brazilian Steakhouse Says About the Tech Economy
Hi, welcome to your Weekend.One of my favorite tech memes is the “We’re so back” post, the kind that pokes fun at the industry returning to the good old days of expensive perks and wine-soaked dinners.I had a real-life “We’re so back” moment this week when I attended a bacchanalian feast thrown by Bain Capital Ventures at Fogo de Chão in San Francisco. Bain Capital’s private equity arm...
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