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Comment by SirFatty | Hacker News Reader
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SirFatty
·
"crypto and stablecoins will destroy them sooner or later."
LOL!
View on HN
mrkramer
·
I meant digital dollar and digital euro, you won't need Visa and Mastercard anymore.
cyberax
·
Dollar is already "digital", and has been for the last 50 years or so.
mrkramer
·
I meant this
https://www.federalreserve.gov/central-bank-digital-currency...
, this
https://en.wikipedia.org/wiki/Digital_euro
and this
https://en.wikipedia.org/wiki/Digital_renminbi
cyberax
·
It's just buzzwordy bullshit. The European system is just a classic credit/debit system. The Chinese system is a bit more sophisticated, with offline capability and smart contracts.
But it doesn't use any distributed proof-of-work/stake stuff.
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