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I believe this is the correct way to implement shitcoins.
I don't follow what you mean by that.
Tokens, derivatives, stablecoins should run over something like lightning, not on their own centralized BloCkchAin, with misaligned incentives that lead to or purposely create insider enrichment.
Check out the Bitcoin Magazine article that was posted on SN yesterday to see why this might be moot:#74532
The direct download link for the whitepaper [PDF] is:
Why the U.S. Should Reject Central Bank Digital Currencies (CBDCs) [PDF]https://uploads-ssl.webflow.com/627aa615676bdd1d47ec97d4/63323238ea73aa551a769b5b_BPI%20CBDC%20Paper%20.pdf
I believe this is the correct way to implement shitcoins.
I don't follow what you mean by that.
Tokens, derivatives, stablecoins should run over something like lightning, not on their own centralized BloCkchAin, with misaligned incentives that lead to or purposely create insider enrichment.
Check out the Bitcoin Magazine article that was posted on SN yesterday to see why this might be moot:
#74532
The direct download link for the whitepaper [PDF] is:
Why the U.S. Should Reject Central Bank Digital Currencies (CBDCs) [PDF]
https://uploads-ssl.webflow.com/627aa615676bdd1d47ec97d4/63323238ea73aa551a769b5b_BPI%20CBDC%20Paper%20.pdf