>The act of maintaining a central database of funds so that individuals can transfer money to one another is a relatively simple and cheap problem, one perfectl

>The act of maintaining a central database of funds so that individuals can transfer money to one another is a relatively simple and cheap problem, one perfectly suited to be provided by the government. It should be infrastructure, just like printing money is infrastructure under the purview of the government. You mean like FedNow[0], which many banks are eschewing in favor of services life Zelle[1]? [0] https://en.wikipedia.org/wiki/FedNow https://en.wikipedia.org/wiki/FedNow [1] https://en.wikipedia.org/wiki/Zelle https://en.wikipedia.org/wiki/Zelle