Comment by CGMthrowaway
17 hours ago
>It boggles my mind that the government has privatized currency to these people.
That's the banks (lenders), not the payment networks.
>Crazy-person-but-actually-really practical-idea: Nationalize one if these networks. Maybe Discover.
The central planners want to. It's called FedNow.
FedNow is the backend behind the "instant" transfers you see between some banks these days.