4 ms·
I assume this is for general digital currency. Equity, efficiency, reliability, robustness. Where in that four-space do you want to live? Paper/metal currenc
by onecommentman 6y ago
I assume this is for general digital currency.
Equity, efficiency, reliability, robustness.
Where in that four-space do you want to live?
Paper/metal currency wins in robustness. Stickier in a positive sense in social equity space too. Less able to effectively support personal equity (justice). Reliability is probably a wash. Probably less efficient by a percent or less, but that inefficiency is already baked into the (today’s successful) system.
Today’s system isn’t broken. The new system can be more easily broken in a big bad way in the short/middle-term. Euro types would love it for political reasons.
If only for interbank, who among us should care?
Five minute take.