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DeFi? This is for a CBDC.
by uncomputation 5y ago
DeFi? This is for a CBDC.
- wmf 5y agoIf you think DeFi with USDT/USDC is decentralized then DeFi using FedCoin would be no worse. It might be better since with USDT you have to trust Tether and the Federal Reserve but with FedCoin you only have to trust one.
- vmception 5y agoThe paper is not advocating for CBDC. The paper is spurred by the sentiment for CBDC and the groanings of representatives in Congress, but this is not the direction or conclusion the paper made. Its pretty well balanced.