How does it work, what are the possible long term implications, what have leftist thinkers said about it, if at all? .

  • NaturalsNotInIt [any]
    ·
    4 years ago

    The biggest potential implication is that it provides an alternative to the current system of international money transfer that's more or less controlled by the US. US sanctions have a lot less power when you aren't forced to use US banking systems to send money.

  • vccx [they/them]
    ·
    4 years ago

    https://hexbear.net/post/47569/comment/432593 🤯

    • IceWallowCum [he/him]
      hexagon
      ·
      4 years ago

      Cool! So, with this absolute access to financial information, could they potentially get AI to analyse how The Economy™ works for a period of time, resulting in an artificial economics mastermind? Is this what that user means with throwing AI in the mix? I don't know anything about economy or computers, so sorry if this sounds stupid