Tuesday, May 29, 2018

Simple step for central banks on digital liquidity

Just allow fuat banks narrow capability to offer digital S&L up to a finite amount, without  timeout, on the swap net.

I don't need the liquidity machine that holds my card. I got  the fiat banks pit boss giving me cash and taking my deposits in advance and setting interest charges.

Limit the amount to a thousand for trial run. The swapnet standards group has all the  details, the connectable products  available. We have  an orderbook, great tech. Solves a bunch of problems and would thrill the Fed geeks. You will learn a lot about where your fiat hangs. Banks earn their regular monopoly share.

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