[_5ysi]

It may be naivety, but perhaps it's just clever marketing. As pointed out, any government has a short term incentive to retain maximum control over its currency . But if its citizens think the currency is being mismanaged and increasing inequality unfairly, then there's an incentive to come out with an alternative currency on the FEDs terms rather than being blindsided by some clever currency hatched by a private group. Silicon Valley style first mover advantages sounds more positive than fear of alternative cryptocurrencies though.

Thoughts are my own, not my employers.