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Hooray! More coinslop!

this coinslop means less bankslop which is actually an improvement, they're undoubtedly baking their "dollar" with tbills and they get to make 4 percent on every dollar transacted with no counterparty risk besides the full faith and credit of the US Government.

> means less bankslop which is actually an improvement

Why is the standard tied directly a single for profit company an improvement to the system that isn't tied to any specific wntity and anyone can use?

Presumably because it's really super duper convenient for the single for-profit entity that possesses an outstanding majority of the minted coinage.

Woohoo! I freaking love coinslop!

yay for coinslop! transparent usage of currency by robots... no way is it better than a bunch of rolled up swift transfers/wires..... coinslop not routed through the bankslop rail is still an improvement.

> no way is it better than a bunch of rolled up swift transfers/wires

I non-sarcastically agree.

What's wrong with same day ACH?

The risk of having the money be not in a FDIC bank makes this a nonstarter.

How much of it is insured?

Now with AI!

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