7 ms·
>It boggles my mind that the government has privatized currency to these people. That's the banks (lenders), not the payment networks. >Crazy-person-but-actua
by CGMthrowaway 7d ago
>It boggles my mind that the government has privatized currency to these people.
That's the banks (lenders), not the payment networks.
>Crazy-person-but-actually-really practical-idea: Nationalize one if these networks. Maybe Discover.
The central planners want to. It's called FedNow.
- ZeWaka 7d agoFedNow is the backend behind the "instant" transfers you see between some banks these days.