Replying to Avatar Stack Jarrow

Do you think that the new USD backed by BTC could be a giant E -Cash system run as a mint by the fed aka basically a CBDC backed by bitcoin that operates in many of the same ways as cashu and fedi do but on a larger scale?
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Jor 1y ago

Yeah I think so

Except it won't be the Fed

It will be the US treasury

And every state, muni, city and town will have their own ecash mint

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SuiGenerisJohn 1y ago

I’ve thought about this same outcome a lot myself but I’ve concluded it’s not an amusing enough outcome for the simulation to allow for it. It will have to be much dumber and clown world. We still win in the end tho.