Do NOT give in to this nonsense. The Federal Reserve (a private con-artist corporation) wants you to hop on their “instant payment” system in the vein of other programs such as Venmo and PayPal. (Personally, I’d rather stick needles in my eyes than be any part of this crazy escapade. (I don’t do PayPal or Venmo either but that’s another story).
The Federal Reserve is Unconstitutional as it borrows money on behalf of the United States, controls and regulates the value of currency, and more. Simply put do not use ‘FedNow.’ Better stated ‘run for the hills.’
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“The Federal Reserve of the United States introduced its domestic instant payments system, called “FedNow,” on Wednesday, March 15. A strong collection of fundamental clearing and settlement functions and value-added services will be available from the start.
To keep the boxes of security, resilience, and innovation from being checked off, it will be incorporating further features and advancements into subsequent versions. The FedNow program, as promised by the central bank, will launch sometime in July.
The Fed will start “formal certification of participants” in the first week of April, per the announcement. Significantly, early adopters will undergo a “customer testing and certification program” in order to facilitate transactions using the system. Production validation efforts will be carried out in June by the Fed and accredited participants. Assuring “readiness” for July’s ultimate launch is the purpose of this.”
You can read the rest of the story here. The News Crypto (Investing.com)
In a world where most people tend to want everything ‘instantly’ this shouldn’t be one of those.
