>>10094020 a notable about 'Fedcoin'
See, the issue I have with this is that you guys argue against this shit the wrong way.
The FED, a foreign entity that controls the US money supply, is the problem, not the ability to see a ledger of all transactions, an immutable one, one that's always viewable by everyone all of the time which no one owns.
This is the beauty of Blockchain - no one owns it.
However, the technology itself can be used to create something which the US government could use to trade against foreign (crypto) digital currencies.
This actually makes the most sense - in crypto right now there's an emerging technology called balancer pools, wherein the value of a project is determined by a trustless and dynamic pool of currencies which helps give a project a stronger floor and exposes it to more positive volatility should one of the currencies make gains.
If this makes sense so far, I think it'd make sense to combine this system with a metals-backed pool, which our dUSD (a "stablecoin" digital variant) could be matched against, which the "paper" USD could also be matched against simultaneously. The trick is making the digital version decentralized, which forces our government to match the digital version (okay, now I'm thinking too much, but hopefully you understand).
Many of you seem to misunderstand the situation at hand - there has been a digital monetary system in this country for quite a long time now, at least a few decades. You see, the current amount of "paper" money in circulation right now is much lower than the digital numbers we have for the total circulation of USD. To make up for this, we crafted a system called "Credit" which uses debt to facilitate digital payments around the world, because, frankly, it's too much hassle to ship pallets of cash around the world... that is... unless you're Barry Soetoro.
So, to cut this short, our currency is already digital. I'd guess pretty much all of you already pay with plastic instead of paper, which comes straight from your bank so you "don't have to do the hard work yourself" (which just means you don't own shit and you haven't for quite some time).
Please, you must understand the nuance of crypto, metals and their union with whatever fiat has become. You must understand how printing money works, how digital assets work, how digital transaction works, how Blockchain works and all of these areas because those of you who clearly aren't all that informed seem to be really screwing this up and it's making it really hard not to "acktually!" you every time you touch this topic.