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Not necessarily a middleman. The banks will back the digital coin, but might not be much involved in transfers (we'll see). A bit like physical cash, it is bac
by 323 5y ago
Not necessarily a middleman. The banks will back the digital coin, but might not be much involved in transfers (we'll see).
A bit like physical cash, it is backed by the gov, but you don't need to involve the gov to transfer it.
- edgyquant 5y agoI wonder if it would be ideal for a separate company, not the banks and not the government, to control the nodes to “mine” or whatever equivalent this currency has. Maybe it should just be the government since you would likely just end up with such a company beholden to the banks.