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What happens to stablecoins when central banks hand out digital wallets [1] to everyone alongside instant payments [2]?

[1] https://www.atlanticcouncil.org/blogs/econographics/the-rise...

[2] https://en.wikipedia.org/wiki/Instant_payment#Examples_of_in...


Fiat systems impose the risk of opacity, regulatory heuristics and reversible transactions.


Well said. I believe this is why the US and many others abandoned the gold standard.


You can simply use grep to ignore files using the entr + rclone script ;-)


This is not an unfortunate example. With the absence of persistent data structures it is inefficient or difficult to write the state transition functions as pure functions.


10/10 would recommend


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