Wednesday, October 21, 2020

What about stable coins?

Paper money is going away in the very near future. Sooner than you realize, paper money will be replaced by a “digital-USD”. Money is already digital. Your bank and brokerage accounts are book entries in a digital database.

The poster makes the same complaint about anonymous cash being restricted.  To keep information in regulated banks the anonymous stable coin technology will need to be outlawed.  Good luck with that complication.

No comments: