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To me that theory sounds plausible, and even better, testable: we'll know soon if that's how it plays. The comparison made by author and which I'm trying to de
by benreesman 3y ago
To me that theory sounds plausible, and even better, testable: we'll know soon if that's how it plays.
The comparison made by author and which I'm trying to defend against a pitchfork mob, is between PyUSD and the PayPal "dollars" we've all known and loved since Elon Musk had a receding hairline. And I think the author makes a very convincing case that PyUSD is a strict improvement on the status quo.
So maybe it can get better still, and maybe it will, and maybe FedNow will accomplish that. But better today is better today. I'm only arguing that going after a couple of companies and some regulators that have improved the status quo shouldn't get their teeth kicked in because of what database technology is used in the technical implementation.