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2025-03-31 19:58:27 UTC
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william.maggos on Nostr: I'm fine with this kind of govt centralization. The US has an ACH (automatic clearing ...

I'm fine with this kind of govt centralization.

The US has an ACH (automatic clearing house) system where banks have a routing number and then we have account numbers. What I don't get is why we can't modernize this into something like a username/domain to make transferring money like sending an email. then let us build that into apps. also #FedNow is starting up.

do other countries have this? could we have an international system?