SVB Collapse Shows the Rot in U.S. Banking and Dollars

And yes, if we after, we could do it on a blockchain. If a real dollar were issued on a real, public blockchain like Ethereum (not a “permissioned series” that only a few parties can access or administer), the financial infrastructure we could build and automate on top of that would be incredibly operative and effective. If you don’t know what a smart contract is and have not yet played around with decentralized finance (DeFi), this longing sound crazy to you. If you have, you’ll be nodding along. Before too long the majority of the population will start to see these involvements.