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Cash and Credit Cards are dying and the Fed is Clueless

May 13, 2018May 14, 2018 daniel America’s Broken Payment System, Atlanta Fed President Raphael Bostic w, Cash and Credit Cards are dying, Cash and Credit Cards are dying and the Fed is Clueless, Dan Schulman, Fed Coin, Federal Reserve Cryptocurrency, Google Tez., Is the Fed Allowing Google and Apple to offer Unsecure Payment Apps?, Is the Fed Allowing Google and Apple to sell Unsecure Payment Apps?, Kevin Warsh, s the Federal Reserve Shirking its Duty?, the Fed is Clueless, The Fed is Clueless about Cryptocurrency, The Fed is ignoring the Cryptocurrency Menace, The Federal Reserve needs its Own Cryptocurrency, The Federal Reserve’s cryptocurrency response, What the Federal Reserve needs to do

What will take to force the Fed to crack down on payment apps? The theft of hundreds of millions of dollars from average Americans through a security breach in Apple or Google Pay?

Contrary to popular belief, money can be created without a government mandate. Any medium of exchange that citizens accept can function as money and create all the problems that money can such as inflation.