Birdwatch Note Rating
2023-04-26 19:59:12 UTC - HELPFUL
Rated by Participant: 3F26BDA09601E3D55E72E3BE921E9EEDE7E1AE26B08AD40ABE045837DB5A01AE
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