Comment on Implement CBDC with Bitcoin smart contracts?Comments−janandonly4yThat would be the first time in history that any government does something cheaply and quickly when then have an option to let it be handled by "the market" for a huge sum (over-budget not even included) and years behind schedule...−jacknews4yThat's patently not true, but even if it were, govt has an entirely different remit than private enterprise.PE exists to make profit.Govt. exists to serve the citizens. All of them, equally, fairly, and reliably, however unprofitable those conditions might make the endeavor.
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That would be the first time in history that any government does something cheaply and quickly when then have an option to let it be handled by "the market" for a huge sum (over-budget not even included) and years behind schedule...
That's patently not true, but even if it were, govt has an entirely different remit than private enterprise.
PE exists to make profit.
Govt. exists to serve the citizens. All of them, equally, fairly, and reliably, however unprofitable those conditions might make the endeavor.