Pages:
Author

Topic: Creating new digital USD (for the Federal Reserve) - page 2. (Read 1129 times)

member
Activity: 81
Merit: 10
Do you think that such a coin would be of interest to any government?

To any "government"?  Very funny.  No, of course not. 

However, there are people who work for the government who actually have connections to communities and rely upon paychecks.  They might see the value of a digital serial number on every dollar.
legendary
Activity: 1512
Merit: 1012
Do you think that such a coin would be of interest to any government?
member
Activity: 81
Merit: 10
Consider a new coin called USD (or perhaps Digital Dollars or Electronic Dollars DDR or EDR).  Perhaps a 2nd new coin called Physical Dollars (PDR or PDL).  Some thought might be given to Pennies, Dimes, Nickels, Quarters, etc.


What does THAT do for you?  On a 1 to 1 basis, you could track every single dollar created by the Fed.  Each digital dollar would be identifiable and unique.  An end to digital counterfeiting aka a bank or other entity creating an accounting entry that misrepresents the number of dollars in existence.
Pages:
Jump to: