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Old 05-08-2023, 04:10 PM   #17
Fuzz
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Quote:
Originally Posted by blankall View Post
You might be right. A couple of quotes made the plan seem unclear. It looks like they are just potentially adding a digital only version of the currency. Similar to an NFT? I don't know enough about the practicalities of a digital only currency to say whether that would add any advantages over our current digital banking system? Maybe fewer fees?
I think for the most part it would make online transactions easier. From paying a friend to buying stuff, you then don't need to go through your CC company or bank at all. You could setup a web store without paying fees for a payment processor. Things like that. It's essentially a digital version of cash that doesn't need to be physically transferred.
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