Funk the FedNow Service

[Rockin']

I am talking about the technology that's associated with *******. You don't need a physical spot to send *******.

Well, this thread is not about *******. It's similar but it is not *******.

You would still need your hand and the device in it that is connected to the central bank to do anything with your funds..............Rockin'X

[siablo14]

So you always want others to Google **** for you and now you're going to Google the face of the new 100.00 bill? Yeah I'm catching on to you.

Not the face.

Just keep an eye on anyone advocating for a fully cashless society. Too bad that some people won't care. Look at something as simple a buying only products that are made in America, majority of consumers don't give a damn about that. They don't care where the product they are buying is manufactured.

[man down]

Let's see who doesn't sign on.

This week, Senator Ted Cruz introduced a bill aimed at blocking the Federal Reserve from creating a consumer-based central bank digital currency, or CBDC.

[siablo14]

Well, this thread is not about *******. It's similar but it is not *******.

You would still need your hand and the device in it that is connected to the central bank to do anything with your funds..............Rockin'

Yeah. if you are using the one that the Central bank issues.

So you are for or against paper money?

[Rockin']

There is nothing wrong with paper currencies, except that they are no longer backed by gold.

Fiat currencies I have a lot of trouble with................Rockin'

[siablo14]

There is nothing wrong with paper currencies, except that they are no longer backed by gold.

Fiat currencies I have a lot of trouble with................Rockin'

Backed by gold would make it difficult for governments to fight recessions.

What is your problem with current US dollars?

[man down]

Japan now

The governor of the Bank of Japan says the central bank must be ready to issue a central bank digital currency that coexists with other forms of money.