Re:Tell HN: Coinbase now requires physical address of recipi...
by ALittleLight on Friday June 24, 2022 @09:46AM
(#31861729)
If this comment means "the current transition to crypto is likely to fail" then we agree.
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Re:Tell HN: Coinbase now requires physical address of recipi...
by kloch on Friday June 24, 2022 @10:41AM
(#31862719)
Many central banks including the Fed are looking into CBDC's. While not quite the same as the distributed consensus based algorithm of Bitcoin, there are too many benefits to governments/central banks to ignore the technology.
The question is not whether cryptographically secured algorithmic money will be a part of future monetary systems but who will control the algorithm and/or how will different systems compete with each other.