Global Feed Post Login
Replying to Avatar Wealth Theory

I agree. If everyone is using one bank with several large banks acting as sort of fed-brokerages, then there can be no bank runs. That’s one of the sales-pitches for the dystopian nightmare.

Of course, there will be one bank, one money. The question again is:

Is it controlled by a centralized criminal organization, or is it decentralized?

Avatar
pukka 2y ago

https://www.cnbc.com/2023/03/15/long-awaited-fed-digital-payment-system-to-launch-in-july.html

Reply to this note

Please Login to reply.

Discussion

Avatar
Shawn 2y ago

The tortoise vs the hare.

FedNow vs ⚡️.

#[0]

Thread collapsed