You want to slow this stuff down? We now have the tech for the Fed, the central bank, to give everyone a bank account directly. It is 100% secure because it is

You want to slow this stuff down? We now have the tech for the Fed, the central bank, to give everyone a bank account directly. It is 100% secure because it is issued by the central bank and it has a number of amazing benefits: 1. You earn interest at the Fed’s rate. So basically why would you keep your money with Chase earning 0.25% maybe when you can earn easily 10x that. So everyone pretty much moves to this new system. 2. This eliminated speculation. The banks can no longer turn $1 into $30 by repeatedly borrowing and lending. But it is important to slowly grow the money supply. So the Fed can just no questions asked deposit a predefined sum of money every month into everyone’s account. 3. Your transactions are free and guaranteed. But of course this would cut out a whole lot of banks and other financial institutions out of the loop and so it will never happen.