US Digital Currency

The post argues for the potential establishment of a US Digital Currency (USDC) to address challenges posed by current cryptocurrency systems. It suggests that while cryptocurrencies are likely to persist, a government-backed digital currency could enhance regulation, taxability, and user accountability. The author envisions a collaborative approach between the government and cryptocurrency users to create a balanced monetary system that benefits citizens.

Published 2018-05-10 2 min read 421 words 3 topics

Before you set out 3/5 Navigation SeverityCartographic IncidentThe route is real, but the signage gets weird enough to deserve a field note.

Excerpt · opening linespulled from source

I am pretty sure cryptocurrency is here to stay in some form (at least as a store of value, which is the only use case we have seen work at scale so far). There was possibly a time when governments could have totally sto

SamNav stores no post bodies. Only enough to orient you - the rest lives at the source.

Original source

Read the full essay on Sam Altman's blog

blog.samaltman.com/us-digital-currency

Opens the original in a new tab · last reachable 2026-03-27

Go to source ↗

→

Nearby Entries

Within range by shared topic and coordinate - not by an algorithm.

SA-2013-03 4SeverityCave Inscription

Growth and Government

The post argues that economic growth is essential for the functioning of democracy, as it prevents a zero-sum mentality among voters. It highlights the decline in U.S. growth rates and its implications for political dysfunction, social mobility, and national stability. The author emphasizes the need for innovative policies and investments to revive growth, which is crucial for improving quality of life and maintaining a healthy democratic system.

10 MIN

↗ shares 3 topics

SA-2013-06 2SeverityPoorly Marked

What happened to innovation?

The post explores the dual nature of innovation, highlighting a slowdown in physical advancements while software innovation accelerates. It argues that investment trends favor short-term, low-cost software projects over long-term, high-risk physical innovations. The author calls for a renewed focus on radical innovation and suggests changes in funding models to encourage breakthroughs in various fields beyond the digital realm.

10 MIN

↗ shares 2 topics

SA-2013-12 3SeverityCartographic Incident

Thoughts on Bitcoin

A brief note on Bitcoin's uncertain future, suggesting that growth in legitimate transactions is the metric to watch.

1 MIN

↗ shares 2 topics