FedNOW to be released in July, a CBDC precursor and a blockchain tech based "payment service"

FedNOW will be released this July...a payment service which is 24/7 active.

It's a precursor for a possible CBDC in the future.

This is something that completely defies the ideas of cryptocurrencies. A CBDC is fully controllable by a government who issues it.

They can decide when we can use the CBDC, for what we use to buy it, how we spend it, how much we can spend, it can even have an expiry date!!!

If FedNOW is a "success", a CBDC will follow.

On what blockchain does FedNOW run?

It's unknown, but the SEC didn't sue Ethereum...maybe there's a connection?

Cryptocurrency is the real financial freedom for the people.

The timing of the release of FedNOW can't be better as it is very close to the BTC halving. They know a bullrun is brewing. They want people do go anywhere else than crypto. FedNOW or CBDC arent the solution, crypto is!