If done right(it won’t be), it could replace cash.

But you know it won’t be. They’ll control the backend of it entirely and it will never be any sort of open standard that isn’t endlessly mintable or manipulated by their whims and wishes.

At this point, I wouldn’t be surprised to find the US lying about what it prints to curb inflation. Could you even imagine that with zero oversight?

If done right(it won’t be), it could replace cash.

how are you people still doing this. every other cryptonut on the planet finally moved on from this talking point in 2022 when it was very clear that beenz.com was and is not the backbone of any kind of stable anything

and, for the love of god, having the economy slightly inflationary, physical, fiat, not public, and manipulatable by an administration according to changes in market demand – is a goddamn feature of the system, not a bug. it’s actually both good and critically important that the US is capable of changing things like interest rates to maintain an economy

Why is everything as free and open as it can be but the second someone suggests doing it to cash, you all have a universal meltdown?

oh wow I haven’t seen this vain and unmodern lazy coiner defense since probably 2015! retro

but simply that. merely retro. lacking in style and substance, and comprehensively having missed the interceding decade

like a reunion album but everyone’s tonedeaf

shock and awe at my argument

mocks it

The arguing with a Facebook conservative experience live on Lemmy lmao.