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    FedNow Explained: Is It The END of Financial Freedom?



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    📺Essential Videos📺

    BIS Future Financial System 👉 https://youtu.be/To5ek8F7zIQ
    Blackrock Predicts Pandemic 👉 https://youtu.be/JFl-gcCaL4s
    FedNow Features August 2020 👉 https://youtu.be/DNxBVVdgO0o
    How FedNow Works 👉 https://youtu.be/le8Me8AfK8k
    FedNow Future Features (20 minute mark) 👉 https://youtu.be/HSrRMU1CGwA
    FedNow Community Unlisted Video 👉 https://youtu.be/scHzWVvX3GA
    FedNow Promo Video September 2020 👉 https://youtu.be/YXHnXOoPC6o

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    ⛓️ 🔗 Useful Links 🔗 ⛓️

    ► FedNow Boston Fed: https://www.bostonfed.org/payments-innovation/fednow-service.aspx
    ► Fed Master Accounts List: https://www.federalreserve.gov/paymentsystems/master-account-and-services-database-existing-access.htm
    ► FedNow Individual Transaction Limits: https://explore.fednow.org/explore-the-city?id=3&building=news-center&postId=3&postTitle=fednow-service-pricing-approach
    ► FedNow Institutional Transaction Limits: https://explore.fednow.org/explore-the-city?id=3&building=news-center&postId=10&postTitle=announcing-limits-and-hours-for-fednow-liquidity-management-transfers
    ► FedNow Transaction Fees: https://www.frbservices.org/resources/fees/fednow-2023
    ► FedNow Fraud Protection Measures: https://explore.fednow.org/explore-the-city?id=6&building=planning-office&resource=78&role=fi_spe&resourceTitle=protecting-against-instant-payment-fraud
    ► FedNow News And Updates: https://explore.fednow.org/explore-the-city?id=3&building=news-center
    ► Fast Payment System Tracker: https://fastpayments.worldbank.org/global-tracker

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    – TIMESTAMPS –
    0:00 Intro
    0:45 FedNow History
    5:32 How Does FedNow Work?
    8:57 FedNow TPS, Transaction Limits
    12:43 FedNow Roadmap
    18:01 FedNow vs. Crypto
    21:43 Outro

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    📜 Disclaimer 📜

    The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

    #fednow #fed #cbdc

    View 35 Comments

    35 Comments

    2. Carlos Omar Barreto on

      In México we have had something similar for years, it is called SPEI (Interbank Electronic Payment System). Transfer money up to certain amount is free and instant, but the government oversee all your monthly transactions gather than $5,000 MXN ($300 USD). Every amount you receive above that amount is taxable if you can not prove you already pay taxes for that money (I.e., donation, lending, gifts, you found it). And because the government has easy access to your bank account they can quickly freeze it.
      The reasons for this, beside predatory taxation, is to make more dificult the money laundering.
      How vnis affect the crypto in México? Well, any incom from crypto greater than $300 usd is taxable from 30% up to 40%

    3. Zal on

      I watched a Near Death Experience YouTube video where the person was shown the future. She was shown that in 2024/2025 (forget which year), a CBDC (FedNow?) will be implemented along side a social credit system, and cash is banned. This goes on until 2028, when people revolt and vote back in Trump (Dem won in 2024 – didn't say who, my guess is Gavin Newsom) who reinstates cash. Did not say if the CBDC goes away. So, lets see if cash gets banned in the next couple years and who wins 2024.

    15. Story Mode on

      *Prediction!!! This is how they will prevent all purchases of firearms in the US. This is how they will prevent donations to groups that go against them, peaceful or not. (The latter has already happened, look at Canada.)

    18. LaVie Nkrypto on

      Monopolies are illegal in the United States.
      Why then, is the Central Bank a Monopoly?
      If helping the consumer at large is their actual aim in life, then we should have competition for the Central Bank , such as XRP, Circle, etc…
      We all know that absolute financial power over people's live never ends well…

      Greed.☹️

    20. Fijs on

      wow ,are we still in denial ? when push comes to shove. All the money and property is already in and under control of some authority wich itself is controlled by some entity. The circle is completed by these intities being controlled by the money itself ,wich is the subject of the whole discussion. making it "FAIR GAME" for anyone to participate. Blockchainz record all and never forget ,wich is the whole power of crypto ,defeating any form of privacy ,forgiveness including your right to be forgotten. Still the people that have the LEAST to hide ( meaning average boring Joe's and Jane's like me ) seem to care and defend this fake notion of privacy MORE and to the advantage and entertainment of the exact mentioned entities that have most to hide and benefit of this so called privacy to hide their shady doings ? #Innit ?! If you believe your wallet has been invisible it's just because it is "invisible" ( uninteresting ).

    26. Justin Watson on

      No more church tithing, causes they don't approve of, firearm, ammo, gas guzzler autos, small airplanes, diesel gas…etc. puchases. Their activism is your misery

    30. Akshara on

      The plumbing is being put in place to create non-persons removing them from society a lot quicker than Nigel Farrage in the UK now.

    31. Rion Gull on

      Looking forward to FedNow. It will accelerate the use of crypto alternatives that actually work for fast, private payments.

    33. Mrclo_ L0pz on

      I guess the US must be one of the last countries adopting a fast/instant payment system 24/7.
      Here in Brazil we've had it for about 2 years already…
      I know for sure they've had it in China for many years and guess they've had it in Europa for many years as well.

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