Powell said they’ll be ready in 2023. It’s completed. Boston Fed has worked on it since 2015. It’s ready and waiting. It would not shock me to see a rollout within 18 months
Powell said they’ll be ready in 2023. It’s completed. Boston Fed has worked on it since 2015. It’s ready and waiting. It would not shock me to see a rollout within 18 months
The update for FedNow will roll out on 2023, not a CBDC. That doesnt mean they have not one ready to go just that it is not on its way as of this moment.
Many believe the FedNow upgrade is a CBDC, it is not.
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Gotcha, indeed it being ready to go doesn’t mean they will put it out on this timeline. I just know it’s been worked on since 2015 at Boston Fed in particular under name “ Project Hamilton“ and some old school bitcoin people were hired by Fed and involved since 2015. so it’s clearly legit report that’s it’s ready to go 7 years later. Ultra centralized fascist coin would be a better name frankly. What timeline do you see for CBDC? I don’t think it’s as far off as most think. Project Hamilton of all names also, Its right in our faces.
Cheers 🍻