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408 sats \ 1 reply \ @TomK 15 Mar 2023
As I understand this it is a wholesale interbank rail. The commercial owners of the Fed won't give up their power by introducing this to private customers.
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0 sats \ 0 replies \ @kr OP 15 Mar 2023
ahhh got it, thanks
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10 sats \ 0 replies \ @DarthCoin 15 Mar 2023
If they will exist until July...
https://i.postimg.cc/C1Mpxp8S/VADER-IMF-BURN.gif
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0 sats \ 1 reply \ @Wumbo 15 Mar 2023
"around the clock, every day of the year"
Wow, what ground breaking technology for the 21 century.
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1 sat \ 0 replies \ @kr OP 15 Mar 2023
one question i have is whether instant settlement layered on top of a fractional reserve system actually makes the whole system more unstable or not…
until now i would have thought of this as simply an improvement in speed, but now i’m realizing there may be fragility consequences too.
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