Unlike credit cards, CurrenC will make it very difficult, though not impossible, for people to pay for goods and services using money they don't have. What percentage of the purchases made at Walmart are made on credit? Retailers depend on consumer debt. I don't see how this is good for the consumer without substantial incentives or the retailer (since people can't spend what they don't have in the accounts).
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Unlike credit cards, CurrenC will make it very difficult, though not impossible, for people to pay for goods and services using money they don't have. What percentage of the purchases made at Walmart are made on credit? Retailers depend on consumer debt. I don't see how this is good for the consumer without substantial incentives or the retailer (since people can't spend what they don't have in the accounts).