They will have a retail version of the coins for banks to issue to losers like us.
I was on the Fed "Faster Payment Task Force" and know this for a fact. They must keep the slaves separated from their overlord banks. Similar policies where banks can also be blocked, but zero AML (anti-money laundering) and volume limits for the wholesale …
They will have a retail version of the coins for banks to issue to losers like us.
I was on the Fed "Faster Payment Task Force" and know this for a fact. They must keep the slaves separated from their overlord banks. Similar policies where banks can also be blocked, but zero AML (anti-money laundering) and volume limits for the wholesale coin. Think about $10,000 bills vs. $100 bills. Separate, but interchangeable blockchains. That's why they are "sovereign". I was shown an internal fed settlement system that could settle $1T for $2 settlement cost.
If you have enough money, you can get a "sovereign" account at a central bank. Zero AML, no limits on transfers and "no questions asked". Money laundering laws are for the little people.
Depends on the crypto they choose and all the other zero day exploits in their code. They'll likely use "bank grade" security, one notch up from the "military grade" junk they foist on the public. Only a question of which actors can break it and what they decide to do with their exploit.
They will have a retail version of the coins for banks to issue to losers like us.
I was on the Fed "Faster Payment Task Force" and know this for a fact. They must keep the slaves separated from their overlord banks. Similar policies where banks can also be blocked, but zero AML (anti-money laundering) and volume limits for the wholesale coin. Think about $10,000 bills vs. $100 bills. Separate, but interchangeable blockchains. That's why they are "sovereign". I was shown an internal fed settlement system that could settle $1T for $2 settlement cost.
If you have enough money, you can get a "sovereign" account at a central bank. Zero AML, no limits on transfers and "no questions asked". Money laundering laws are for the little people.
The tech will be similar, and just get ported out via smart contracts. And I assure you they will get hacked to pieces at some point and fail.
Depends on the crypto they choose and all the other zero day exploits in their code. They'll likely use "bank grade" security, one notch up from the "military grade" junk they foist on the public. Only a question of which actors can break it and what they decide to do with their exploit.