Dems propose Treasury e-cash, a peer-to-peer electronic cash system
(cryptoslate.com)
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What they're asking for is outright impossible for binary computers to do. Any attempts at practical implementation would end up being either completely unusuable, or counterfeited into worthlessness in a matter of days. You'd need wacky sci-fi technology like cheap reliable hand-held quantum computers for this to be workable. And with that level of technology available to the masses, any sort of economy we could possibly recognize WOULD NOT EXIST. It would be like using teleporation and free interdimensional energy just to trade cowrie shells and goats.
At best this is just another dumb idea by dumb politicians who don't understand technology at all. At worst (and more likely) it's an excuse to lay the groundwork for destroying physical cash altogether.
Good news to hear I always thought it’s block chain but I’m not knowledgeable in any of this programming or hardware technology..I’ll leave that up to the experts - I think you reassured me at least this wouldn’t be available but of course they will ..as you say have an excuse to “attempt” their physical cash destruction - ty!