| ▲ | edoceo 7 hours ago | |
USA has started a FedNow program to make, basically, ACH faster. Will take ages for that to become a browser extension, or embed. Too many parties make money off the current way. Similar to the health "care" ("insurance") in USA | ||
| ▲ | jancsika 4 hours ago | parent [-] | |
> Will take ages for that to become a browser extension, or embed. "ACH faster" cannot and should not become a browser extension, ever. You could instead argue that the Fed ought to additionally implement a blind signature service a la Digicash. Then customers could make anonymous digital cash payments to participating banks and businesses. (I.e., the recipient is known but the payer isn't.) Would you advocate for that? If so, you'd have to battle way more cryptobros than Visa/Mastercard lobbyists. Hell, the cryptobros are already spamming Youtube saying ISO 20022 is an evil conspiracy by banking incumbents. And that's just an XML messaging spec! Imagine the pushback here on HN if you seriously pushed for the fed to do proper digital cash. | ||