Watch out #FedNow is a trap and the first step towards #CBDC
https://www.theverge.com/2023/7/20/23802277/federal-reserve-fednow-instant-payment-service
Watch out #FedNow is a trap and the first step towards #CBDC
https://www.theverge.com/2023/7/20/23802277/federal-reserve-fednow-instant-payment-service
Right… a Federal Reserve that’s neither Federal or a Reserve is going to handle my paycheck and personal accounting.
What could go wrong?
Right? 😱
We have the same thing in South Africa but I am hopeful that we will resist it, although all the banks here are pushing it #cbdcsucks #privacyrules