Free entry and exit makes digital liquidity a reality

The necessity f free entry and exit to the Fed means automated ledgers can move money on and off the Fed account with enforceable rules. Representative sample and common account type means the Fed cannot always reproduce intermediate steps. Digital bearer assets will happen, because in the web, encryption security  gets a pass from the NSA, somehow.  But Timmy or Zuck will issue personal smart card tech soon. Jeff gets it free with Amazon prime and a single market place.