"time-sensitive payments." Time sensitive currency? i hear FedNow is a step but not the target CBDC. the Kazars like to do things slowly. There are 400 million guns in 'merica and probably not even accurately counting what's in WV and TX.“About the FedNow Service:
The Federal Reserve Banks are developing the FedNow Service to facilitate nationwide reach of instant payment services by financial institutions — regardless of size or geographic location — around the clock, every day of the year. Through financial institutions participating in the FedNow Service, businesses and individuals will be able to send and receive instant payments at any time of day, and recipients will have full access to funds immediately, giving them greater flexibility to manage their money and make time-sensitive payments. Access will be provided through the Federal Reserve's FedLine network, which serves more than 10,000 financial institutions directly or through their agents. For more information, visit FedNowExplorer.org”
First, I love some decentralization and anonymity. BUT - Unless strictly peer to peer (1 to 1), all cryptos need an "on ramp" and "off ramp" to exchange into currency to use in the real world. (Read about how cryptos must be exchanged into legal tender before one can buy property)BTC... BTC... and oh, BTC... and HODL
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