Replying to Avatar Evan

Can you explain? Wouldn’t it make more sense to the government to build on its own blockchain? They would control most of the nodes and trust themselves to back the currency rather than someone else.
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Ben Arc 1y ago

Haha, no. They don't need or want blockchains. Govs fight decentralisation

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Evan 1y ago

Yeah I don’t doubt that whatever cryptocurrency they create one day would be centralized, I just don’t know why they would use tether instead of making their own.

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Ben Arc 1y ago

Because it's tried tested, has billions already in markets hare, is already used widely in areas people used cash dollars, has a load of wallets infrastructure that already exists

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Ben Arc 1y ago

(and they can control it)

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Evan 1y ago

yeah good point

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atyh 1y ago

first rule of western neoliberalism… why build what you can steal?

PROMIS software for example.