Just because someone worked with crypto doesn't mean that person is automatically good for crypto. I remain skeptical since that person has been working at Fannie Mae before and only joined Coinbase in 2018. Who knows what his mindset towards BTC is.
Ethereum_dappsPlatinum | QC: ETH 209, CC 77 | EOS 11 | TraderSub8 months ago
Right - they could have such intimate knowledge of the crypto system they may know precisely how to manipulate it or crush it badly.
Yea I never understood people's obsession with paper money, I feel we've always been heading towards paperless currency, it just makes sense. It's part of making life easier and faster. Now microchipping and shit like that, not for me but I wouldn't mind paperless currency.
Respecting people's natural right to freedom and privacy is not an "obsession".
It only makes sense for a slave surveillance state where people are stripped of all freedom & privacy and rendered pure commodities.
If people want to purely use digital money, there's no shortage of readily available options to do that right now. They do need the state to force a state coin on everyone.
This could keep people from hoarding cash when rates eventually drop to negatives. I don't think I even need to explain why the prospect of the Federal Reserve having control over the "US Digital Dollar" is bad.