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I think a central bank coin would be an improvement over our current system given some very strict safeguards and democratic control over what gets regulated. I
by rdevsrex 5y ago
I think a central bank coin would be an improvement over our current system given some very strict safeguards and democratic control over what gets regulated. I think we should already have a national referendum system, but I'd definitely want that in place before central bank coin.
We all know that fiat won't last forever, so a new monetary system not based on debt would be great. And one that doesn't take as much energy as crypto does today would also be great.
But having bureaucrats or an AI push buttons to restrict what you can buy is outright despotic.