lol! As if. It took the fed years to create a 24/7 version of the existing fed wire. Us Gov couldn’t even make a healthcare website. El Salvador Chivo wallet leaked info and crashed, the VA app blows.
There is literally zero chance the government comes up with a good product.
I predict it will be built by the banks and fintechs, not by the government itself. The banks will be the ones to issue it, at least in the United States. I hope I’m wrong.
Listen to nostr:npub1g0587hzzckcncxfm78n0996qe2s58nspy29wf02tqcj5sdzcpj4q6j40hv. About 30 minutes in.
Big tech companies like Microsoft are drewling over the chance to build it.
It will not be a direct issue from the government. They know this would be a nonstarter. It has to look like a better version of Venmo.
Government contracted work rarely, if ever produced good work, and quality design. Never is it innovative.
Normally this is due to the oversight needs, obscene regulations, contract kickbacks,, redundancies, etc..
As of right now, the US constitution likely would need to be amended for a CDBC, as only the treasury/mint is allowed to create 'money'(lol).
Explains why they're all so woke/DEI/ESG crazy. They need to out do each other in this regard so they can land that fastest grandaddy of all government contracts.
Whitney Webb says to keep an eye on the USDp+ or whatever it’s some shitcoin inspired app
It’s going to be everywhere, and the corporate-owned media will fawn over it.
