Hacker News
new
|
past
|
comments
|
ask
|
show
|
jobs
|
submit
login
nine_zeros
on June 20, 2020
|
parent
|
context
|
favorite
| on:
Ask HN: What’s a big trend we should all be follow...
Can you summarize what the real advantage of digital currencies are? What does it enable that the current system doesn't?
throwaway743
on June 20, 2020
[–]
Advantage for governments is more control. For citizens, not much. Should the virus be around during this push, it'll be promoted as a "safer alternative" to physical cash.
nine_zeros
on June 21, 2020
|
parent
[–]
How is there more control for government? Just that it cannot be printed into currency?
Because even now, most wealth is in banks and government can freeze them when they want to.
Consider applying for YC's Summer 2026 batch! Applications are open till May 4
Guidelines
|
FAQ
|
Lists
|
API
|
Security
|
Legal
|
Apply to YC
|
Contact
Search: