- May 23, 2011
Long-awaited Fed digital payment system to launch in July
FedNow creates "a leading-edge payments system that is resilient, adaptive, and accessible," said Richmond Fed President Tom Barkin.
To me it's just another way for them to control everything we do and know everything we do at all times. They're going to try and get away from cash and then they'll probably outlaw all other digital money. The issue is if they feel that you might be on the wrong side of the current administration they could just shut your money off. We are living in dangerous times.