Sunday, October 31, 2021

Should USA Adopt Digital Dollars?

 

 

 https://www.cnbc.com/2021/10/14/coinbase-says-us-should-create-a-new-cryptocurrency-regulator.html

 


   Digital Currency to replace Paper Money in the distant Future:

   My idea is to print USA Digital Dollars on a home printer with transferable Codes (see above)  connected to a personal account of Digital Dollars (Crypto-currency) for daily transactions without electricity.  Crypto-currency relies on electricity to conduct transactions, as do computer printers.  The same concept is found in Casinos where winnings are printed with codes to be cashed (with 30 day expiration dates if not redeemed).  The code refers to the issuing Bank URL.  The benefits are less printed currency and better security.  

  Digital Dollars are stackable picture files stored on a flash drive or cell phone account or similar device, rather than a computer server.  Ideal for traveling away from home. 

M7C 2021.

 

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