Birdwatch Note Rating
2023-04-09 02:06:56 UTC - NOT_HELPFUL
Rated by Participant: 9BDF8D53A8062F4DE9F3A9EB017EAB035F2C85D3392A0081DB65649360BE562A
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