Birdwatch Archive

Birdwatch Note Rating

2023-04-09 09:54:44 UTC - HELPFUL

Rated by Participant: A50A37FE204B39E3C46DD7B793C09797E3BECB13088CB3EA249027F6695F5847
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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