You seem to be missing my point completely..
I understand you want to control outcomes, just like the left wingers do.
People will use what they want to use. You can only influence their decisions by adding products to the market, not by taking someone else's products away.
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Another reason the Fed's monopoly is not that relevant is that it could be achieved without coercion anyway. If the physical features like watermarks are not enough, the issuance of dollars in digital form could be secured with cryptography.
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