Birdwatch Note Rating
2023-04-08 03:16:15 UTC - HELPFUL
Rated by Participant: 091FB8651EB8B4A0D428CED21E7AD4C0DF0253DB24867FD732D0D619A2EA739E
Participant Details
Original Note:
FedNow is not a CBDC. In fact, the Federal Reserve Bank has said FedNow might supplant the need for a CBDC. See: https://www.cnbc.com/2023/03/15/long-awaited-fed-digital-payment-system-to-launch-in-july.html Kennedy is right, cash transactions are anonymous. And anything non-cash (checks, credit cars, Bitcoin, FedNow) is not.
All Note Details