Fedcoin can't exist without capitalism, it would have no chance to compete with crypto in today's free market world, and provide no benefit over traditional digital banking. I think in the future it's either crypto or some sort of glorified foodstamps, Soviet style. It'll be the end of capitalism basically and they're gonna make it really inconvenient to use, buy or hold crypto in the short term, might even be attempts to regulate it.
In fact I wouldn't be surprised if they used their regular technicalities to trick people into selling, so that as much people as possible fall down the black hole where fiat goes down, thereby forcing the majority into dependency through glorified digital food stamps, known as carbon credit. It's gonna be "for the environment" too.
I like crypto but i also think it’s likely they blew this out to illustrate need for regulated fed coin
Fedcoin can't exist without capitalism, it would have no chance to compete with crypto in today's free market world, and provide no benefit over traditional digital banking. I think in the future it's either crypto or some sort of glorified foodstamps, Soviet style. It'll be the end of capitalism basically and they're gonna make it really inconvenient to use, buy or hold crypto in the short term, might even be attempts to regulate it.
In fact I wouldn't be surprised if they used their regular technicalities to trick people into selling, so that as much people as possible fall down the black hole where fiat goes down, thereby forcing the majority into dependency through glorified digital food stamps, known as carbon credit. It's gonna be "for the environment" too.