Oddbean new post about | logout
 Yeah I think so 

Except it won't be the Fed

It will be the US treasury

And every state, muni, city and town will have their own ecash mint 
 I’ve thought about this same outcome a lot myself but I’ve concluded it’s not an amusing enough outcome for the simulation to allow for it. It will have to be much dumber and clown world. We still win in the end tho. 
 KYC’ ized e-cash built on a fractional reserve bitcoin backed dollar that may still slowly be rug pulled if we’re not carefully watching it 🤡🤡🤡🤡