New Zealand bros, what's going down under? I see they're looking to drop a digital cash on you wonderful people, and it ain't Bitcoin

https://www.rbnz.govt.nz/money-and-cash/digital-cash/why-were-looking-into-digital-cash/

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Discussion

Govt ecash token. Maybe one day they'll back it with Bitcoin. But the plebs can now pay/receive Bitcoin with lightningpay.nz so it doesn't affect us. We just have to pay our national body corporate fees (aka tax) in their preferred ecash token.

So do you opt in for this federated mint or do the banks just switch you over to the new chain for all your tradfi payments?

Is there still a strong cash economy there? Hows the P2P bitcoin going?

🤷‍♀️ I don't know nothing has changed yet!

Probably not until 2030, but that's not far away I guess.