FedNow doesn't come out until 2023.

Bitcoin has been doing 24/7 payments since 2009 and instant, 24/7 payments since at least 2018. Not to mention Bitcoin is decentralized and not reliant on government and bank bureaucracy to function.

Fintech services like PayPal, and Cash App have a "instant" method already which pushes funds through a payment as a debit card transaction (like a refund from a merchant would, but instant).

I suppose this FedNow would be cheaper.

Its all fun and games until you declare your sql database legal tender...and then it gets hacked:

My local county government building still uses Windows XP. It's hardly shocking that they're over a decade behind on innovation. 🤣

They are 13 years too late.

They made this thing in Brazil, called it "Pix", made all commercial banks implement it and started advertising it everywhere, and now it is the default way to pay for everything and to transfer money, everything monitored directly by the central bank.

We wanted to EndTheFed but instead we got FedNow

I have spoken to people who are working on FedNow and say that it has very slow adoption and is somewhat of a disaster.

Fed is short for FedUp with this shit :)

Tommy from https://allark.io

You simply cannot get widespread adoption with a name like FedNow. The American government (I know, the Fed is not the gov) will not be able to pull it off, just like they can't build high speed rail or rockets or water desalination plants.

The only way they could pull it off is to merge with and put Big Tech in charge. But that would require some even more outlandish propaganda than they have already done, to sell/dupe the American people, as well as the rest of the world, if they want to maintain reserve currency status. All while their credibility (and therefore legitimacy) is dwindling by the day.

Basically, they are fucked and their cantillionaire days are numbered.

lightning network is ready for them

cyber pandemic imminent atp