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by freejazz 1244 days ago
You want the government to run banks so that stores don't need cash registers?
1 comments

I wrote “electronic money accounts”, and yes. It is clear that electronic money has lots of utility, and it makes sense for a society to ensure its existence as infrastructure.

The same infrastructure can also serve as an identity verification service, which is also sorely needed.

There is no reason it has to operate as a bank, which would involve becoming a lender.