Birdwatch Archive

Birdwatch Note Rating

2023-05-26 21:48:31 UTC - HELPFUL

Rated by Participant: 888BD56351708AD2B9B7F44547C24732BA16DFD9F396012B2295ABC26BBC8EBC
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

Original Tweet

All Information

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  • helpfulnessLevel - HELPFUL
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