Which means it should be firmly in the hands of the people and never in those of a centralized government, in particular, never one which collects taxes directly from the people.
> If we are going to allow programmable money, we must allow competitors (e.g. citystate crypto, nationstate crypto, non-CB crypto) and incumbent payments like cash.
Well.. precisely. At this point, though.. what incentive to the population is there for a central government "programmable" token of value?