https://cointelegraph.com/news/fed-must-launch-fednow-ahead-of-facebooks-libra-says-govt-official
Central banking hasn't worked for the larger public since it's inception. it has always been used as a tool to generate wealth for the wealthy. And they very understandably see no reason to change things. Hence, Dear Nakamoto devised a solution. A crypto by any other name is not necessarily a crypto in the purest sense. the entire idea of an immutable distributed ledger becomes compromised when governed by a central power. My last post, "Be Wary of Centralized Blockchains" speaks on this same issue. Enjoy the article, then keep an eye on the maneuvers of governments working in blockchain to recreate a failed and dying system of economic control. Where are our champions?
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