G-Money

Government Debit Card Sophisticated Prototype

Visa and Mastercard rule the internet. Most people like to pay with card at physical businesses and online you have almost no choice. Even if you want to pay cash you still have to use a bank to buy things from a website. With the recent buzz in the news about Bank of America's plan to charge $5/month for debit fees, it occurs to me that the government needs to step in here.

I don't mean they need to tell Bank of America they can't do this. I mean the government needs to come up with its own form of electronic currency. The government gives out cash bills without a third party. Why should we have to submit to Bank of America in order to use electronic currency?

The US Government needs to get with the times. Plus there are plenty of articles describing how much it costs the US Government to print money, wouldn't it be easier to issue cards?