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Re:Walmart filed patent for “Digital Currency via Blockchain” by seanalltogether on Saturday August 03, 2019 @02:03PM (#20601724)
At what point should the federal government make a serious attempt at becoming a digital processor for USD transactions. If a payment mechanism existed for free transactions of any amount, paid for by normal American taxes, that would revolutionize digital payments. Let the banks compete on fees for managing accounts and support and fraud, and the government can handle the processing infrastructure and uptime guarantees.
Re:Walmart filed patent for “Digital Currency via Blockchain” by lowdose on Saturday August 03, 2019 @02:40PM (#20601903)
If you mean the Federal Reserve System it would cut out the middleman from finance which maybe results eventually in a more even distribution of wealth.
Re:Walmart filed patent for “Digital Currency via Blockchain” by solotronics on Saturday August 03, 2019 @02:12PM (#20601774)
So the same organization that runs the DMV should become the worlds largest payment processor? I will stick with a bank and Bitcoin.

edit: I know the DMV is not the federal government I was just making a exaggerated point

Re:Walmart filed patent for “Digital Currency via Blockchain” by buttcoinslol on Saturday August 03, 2019 @02:29PM (#20601850)
The federal government does not operate "the DMV". Each state does.