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This is were many central banks have failed. It is the job of the central bank to ensure payments can be made by everyone and to stabilize the currency. As pay
by sschueller 2y ago
This is were many central banks have failed. It is the job of the central bank to ensure payments can be made by everyone and to stabilize the currency.
As payments have shifted from cash to digital this control has shifted to private sometimes foreign entities with their own view of what payments are permitted and which aren't.