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A comment on Fed Opens Service That Dramatically Speeds Up U.S. Payments. Parent comment

Re:Fed Opens Service That Dramatically Speeds Up U.S. Payments by hellojesus on Thursday July 20, 2023 @04:29PM (#36806296)
Cash isn't recordable in the same way. I don't provide my id with the transaction when making cash purchases.
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Re:Fed Opens Service That Dramatically Speeds Up U.S. Payments by itake on Thursday July 20, 2023 @05:20PM (#36806904)
I don't think this service is replacing cash payments unless I am missing something?
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Re:Fed Opens Service That Dramatically Speeds Up U.S. Payments by hellojesus on Thursday July 20, 2023 @05:27PM (#36806980)
You are correct. I was thinking cdbc not fednow.
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Re:Fed Opens Service That Dramatically Speeds Up U.S. Payments by phpisthebest on Thursday July 20, 2023 @06:24PM (#36807581)
It is a step, a big one, to their "dream" of a "cashless society" that we have been on for decades.
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