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> > Is this akin to government-backed Venmo, or something?

> Yes, exactly. But you have to keep in mind that this is a two-edged sword. On the one hand, it's going to be convenient and probably secure. On the other hand, it's going to let the government see every transaction you make, which for some people will be a very high price to pay.

No, exactly wrong. It's a gov Blockchain



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