Re:An everything app is terrible for liberal democracy
by makeitdouble on Monday October 10, 2022 @12:12PM
(#33153195)
> the government would be all-for open payment standards
The caveat to that is to have regulated players the gov can control up to a point. Basically official banks.
Since the dawn of commerce governing entities have made critical efforts to regulate circulating money, there's no reason our current govs would allow that aspect to get out of their hand without a fight (that's basically why Facebook's crypto effort got canned)
The caveat to that is to have regulated players the gov can control up to a point. Basically official banks.
Since the dawn of commerce governing entities have made critical efforts to regulate circulating money, there's no reason our current govs would allow that aspect to get out of their hand without a fight (that's basically why Facebook's crypto effort got canned)