Visa and MasterCard have surged in the past two decades, reaching a combined $1 trillion market cap. That has attracted unwanted attention from regulators.
I have the most incredible news for you about this crazy new thing called… cash.
More seriously, there’s no reason government bodies shouldn’t just create a central digital transaction system with real money, instead of pouring resources into the stupidity of a blockchain system. Save everyone a lot of trouble and wasted compute cycles and just make the source of trust in the system the fact that it’s administrated by a trusted central authority running a database, instead of the various shell game wank of blockchain systems.
I have the most incredible news for you about this crazy new thing called… cash.
More seriously, there’s no reason government bodies shouldn’t just create a central digital transaction system with real money, instead of pouring resources into the stupidity of a blockchain system. Save everyone a lot of trouble and wasted compute cycles and just make the source of trust in the system the fact that it’s administrated by a trusted central authority running a database, instead of the various shell game wank of blockchain systems.