• teppa@piefed.ca
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    1 day ago

    We already do, hence the ability to choose alternative.

    We buy half of all mortgage bonds in Canada to artificially depress the currency to prop up asset prices for instance, it would be nice to have competition in currency to prevent such manipulation that benefit the rich.

      • teppa@piefed.ca
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        1 day ago

        Its not crypto, its a treasury backed digital currency. Though crypto is fine too if someone wants to hold a sovereign asset, or a digital currency backed by gold, or shares of the S&P500, anything people want to use as a medium of exchange.