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Why would you presume that? I think it's much more likely to use the same tech that banks and credit cards use for their own bookkeeping. "Money with an expiry
by mitthrowaway2 4y ago
Why would you presume that? I think it's much more likely to use the same tech that banks and credit cards use for their own bookkeeping. "Money with an expiry date" is in line with line-of-credit products that banks already offer, and taken to its continuous limit, is simply a negative interest rate.
- Fervicus 4y agoBecause they are already talking about it. https://www.forbes.com/sites/sap/2021/03/25/as-programmable-money-emerges--central-banks-ramp-up-for--tokenized-economy/?sh=5431fb91c402 https://www.forbes.com/sites/sap/2021/03/25/as-programmable-... https://www.federalreserve.gov/econres/notes/feds-notes/what-is-programmable-money-20210623.html https://www.federalreserve.gov/econres/notes/feds-notes/what...