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margalabargala 14 hours ago

> means less bankslop which is actually an improvement

Why is the standard tied directly a single for profit company an improvement to the system that isn't tied to any specific wntity and anyone can use?

bigyabai 14 hours ago | parent [-]

Presumably because it's really super duper convenient for the single for-profit entity that possesses an outstanding majority of the minted coinage.

Woohoo! I freaking love coinslop!

chews 14 hours ago | parent [-]

yay for coinslop! transparent usage of currency by robots... no way is it better than a bunch of rolled up swift transfers/wires..... coinslop not routed through the bankslop rail is still an improvement.

margalabargala 14 hours ago | parent [-]

> no way is it better than a bunch of rolled up swift transfers/wires

I non-sarcastically agree.

What's wrong with same day ACH?

The risk of having the money be not in a FDIC bank makes this a nonstarter.