Exactly, this seems like such an obvious solution. What is the (non-ideological)... | Hacker News

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		pengstrom on March 13, 2023 \| parent \| context \| favorite \| on: Joint statement by the Department of the Treasury,... Exactly, this seems like such an obvious solution. What is the (non-ideological) catch?

CTDOCodebases on March 13, 2023 [–]

The fed would have to service the entire population of the USA and provide customer support services for all those individuals.

They could put the onus of control of the funds/account into the hands of the depositor and use a CBDC but trust in government is an issue here.

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