I think other countries’ central banks (Brazil? Estonia?) have tried to create a sort of universally accepted digital alternative to CCs

Posted on September 24, 2026 at 04:50:20 PM by brick

But here if the Federal Reserve or anybody else tried that, the CCs/ banks would burn the entire country to ashes to stop it before it could take shape and become popular.

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Thread:

Re the bar, below, "Merchant costs" -- the fee Visa and MC charge you to process a CC payment, is ~3.5% - By Alpo September 24, 2026 at 04:45:26 PM
- I HATE crypto, but if stablecoins ever became widespread in theory you could route around the card networks altogether? - By LS&Play September 24, 2026 at 04:59:33 PM
  - A central bank digital currency would theoretically be the good part of digital currency without the scumbag shithead part that thrives in crypto* - By brick September 24, 2026 at 05:02:51 PM
    - Exactly.* - By LS&Play September 24, 2026 at 05:05:09 PM
- I think other countries’ central banks (Brazil? Estonia?) have tried to create a sort of universally accepted digital alternative to CCs - By brick September 24, 2026 at 04:50:20 PM

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I think other countries’ central banks (Brazil? Estonia?) have tried to create a sort of universally accepted digital alternative to CCs