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1) I am just pointing out that physical != digital as you implied, whether sanctions are a feature or a bug is irrelevant. 2) Yes they could, because only some
by drexlspivey 4y ago
1) I am just pointing out that physical != digital as you implied, whether sanctions are a feature or a bug is irrelevant.
2) Yes they could, because only some countries sanctioned Russia in my example, however their digital dollars were frozen. Russia could still trade with China or India using physical dollars if that’s what they were holding but they are unable to do it now because their digital dollars are frozen.
- qsort 4y ago> I am just pointing out that physical != digital as you implied It is though. The same would have happened had the bank resolved transactions on a paper ledger. The only alternative is if we don't do banking at all, which isn't really feasible.