Boston Fed, MIT give a glimpse into Fed's crypto future with digital coin design

yahoo finance ^ | 2/5/2022 | yahoo finance via msn

[DUMBGRUNT]

—”And how quickly can it be devalued?”

How quickly can the Norks optimize the Chinese AI and clean out your account?

Or maybe the kid down the street gets lucky?

[palmer]

If it can’t scale out, FOR WHATEVER REASON, its a dead man walking.

Or a niche store of value with new blockchain-based applications keeping it on life support. That's worked pretty well for a couple of years now, but Ethereum has taken over applications, and many cheaper competitors are vying for Ethereum's space. For just transactions, lightning is gaining some followers, as a layer 2 on bitcoin. Lightning still has a lot of issues, but looks more promising lately.

[Adder]

It will be the YIM coin...
Yours Is Mine

Has a nice ring...

[july4thfreedomfoundation]

I hope you’re right.

I don’t trust these bastards in Washington as far as I can throw them, however.

[unclebankster]

“I don’t trust these bastards in Washington as far as I can throw them, however.”

You shouldn’t trust them they’re corrupt scum bags.

I always assume they’re lying to us, it just makes everything so much easier and simpler that way.(I’m lazy)

[Joe Brower]

Perhaps of interest.

[Joe Brower]

All this talk of nationalized 'digital currencies', the implication that such would work in a manner akin to BTC, which, of course, we know the exact opposite will be true. Centralized control and total monitoring of every transaction, large and small.

A statist's wet dream come true.