You're describing a CBDC, not a coin. Why isn't it being done? Because commercia... | Hacker News

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		throwaway473825 26 days ago \| parent \| context \| favorite \| on: Visa and Mastercard: The global payment duopoly (2... You're describing a CBDC, not a coin. Why isn't it being done? Because commercial banks are vehemently against that. The current administration in particular will never go against the big banks.

godelski 25 days ago [–]

If that's the word, then yes. Thanks, I'll update my terminology.

As for the government, I'm sorry, I thought I acknowledged that point. Though I also don't think we should just take it and give up.

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