Also there would be an endless supply that would cause banksters to get rich off fees/rates in a WEIMAR like way.Exchanges would have to be federally insured or seized.Either way the fed would own the exchanges. Any way you look at it the Fed wants to take cryptocurrency down to their level of deviant corruption.
https://medium.com/@CryptoIQ.ca/some-thoughts-on-fedcoin-a-fed-backed-cryptocurrency-df986d0f2221
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