[Teever]

But why do we need a 3rd party middle man fornwhat used to be a private transaction between two individuals?

If the government is going to replace cash with technology, why can't it do it itself and not involve some trabsbational bohemoth like Visa or Mastercard?

[lotsofpulp]

Supposedly, that is in development:

https://www.federalreserve.gov/paymentsystems/fednow_about.h...