Correct. JPM Coin and its near-twin the Petro lack the predominant source of value that distinguishes cryptocurrencies from bank money: trust minimization.https://twitter.com/techieappy/status/1096138232188882944 …
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Nick do you have any opinion on the eCurrency fiat central bank digital currency? I anticipate skepticism, but in the spirit of verification, google searches didn't show any results. I'm checking it out as part of learning the larger ecosystem. Cheers.
Why? The Federal Reserve and practically every other central bank already issue their currency in digital form. If the idea is for a retail payment system, generally speaking central banks don't know how to do that.
![TOXIC Hash [☣🛡⚡🌮 🔑]](https://pbs.twimg.com/profile_images/1143221030296727552/lHJmJ39V_normal.jpg)
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Yeah, I was directed there after asking if MMT had any proof of concept cryptocurrency like Bitcoin is for Austrians, so I guess I asked for it :-) The real problem for me though is the gross centralization. We don’t need more state power. Thanks!
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Ugh you are pursuing too many rats down too many ratholes my friend.
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Only for a couple days, so that I understand the MMT side of the political debates. I’m about settled on it now :-)
End of conversation
New conversation -
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Thanks. Twitter will use this to make your timeline better. UndoUndo
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