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FedNow Is the First Step to a Central Bank Digital Currency! ft. Peter St Onge
In this video, Peter dives into the recent launch of FedNow, an instant payment system by the Federal Reserve. Many compare it to a Central Bank Digital Currency (CBDC), but some crucial differences exist. We'll explore the features and potential implications of FedNow, including increased surveillance, control, and even the possibility of a Universal Basic Income (UBI).
Peter St Onge from @Profstonge has granted us permission to upload this video for our audience.
Peter's Twitter: https://twitter.com/profstonge?s=20
Peter's Substack: https://stonge.substack.com/
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DISCLAIMERS/TERMS/RULES:
â–º I am not a professional financial adviser, nor do I offer financial advice. This video is for entertainment only. Please consult your investment and tax experts for financial advice.
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