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<p>[QUOTE=&quot;CygnusCC, post: 7774494, member: 120299&quot;]My suspicion is that we&#039;ll see this fed electronic dollar used to replace Automated Clearing House (ACH) transfers for business-to-business and bank-to-bank transactions. ACH is slow and clunky taking days to process, fed e-dollars (if implemented like some of the more modern blockchains) would take just minutes or less to complete. And likely with less cost, to boot.</p><p><br /></p><p>It&#039;ll probably be years or decades before the average citizen or small business uses it (and even then only as much as we use ACH today).</p><p><br /></p><p>Maybe replacing wire transfers as well. Or at least making them obsolete if an ACH can occur as quickly.</p><p><br /></p><p>My $.02[/QUOTE]</p><p><br /></p>

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