Sunday, December 24, 2017

An intermediate tool for the Fed

In Swift vs Bitcoin, it looks like bitcoin is going to win. Time for plan B. I suggest the Fed issue digital bearer notes, of high denomination, for direct cash transactions within anonymous dark pools.

If the dark pool can secure transaction, according to Fed requirements,then they can directly exchange Fed bearer notes, and subdivisions of these notes, among the dark pool members.

In other words, enable spontaneous sand boxes in fintech. Then the central banks can balance the dark pools with Swift,  I am allowing dark pools to manage the ledger queue, price it, and thus the pools operate closer to the indifference axis, the ledger queue size drops way down, Swift, a two stepper,  works just fine, in tht case.

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