WOW POTENTIAL --- fed coin --- FedNow isn’t a central bank digital currency (CBDC), per se…
FedNow provides the real-time “rails” upon which a CBDC must function…
Meaning you can’t have a U.S.-backed CBDC — a.k.a. “FedCoin” — without first having FedNow, as the two are inextricably linked.
Or as the U.S. Gold Bureau eloquently puts it…
A U.S.-backed CBDC (FedCoin) must run on a real-time network — one that can process upwards of 1.7 million transactions per second, with 99% of all transactions “settling” in under a second.
Therefore, FedNow must precede FedCoin.
So be prepared, friends…
As America moves toward the death of its existing banking system… moves toward FedNow’s “atomic” settlement network… and moves toward a fully digital U.S. dollar (FedCoin)…
We’re about the witness the most paradigm-smashing… era-defining… societal-shifting act of creative destruction in modern economic history.
This isn’t mere conjecture, friends…
It’s already happening!
FedNow’s impact on the financial system is highly predictable… and since FedNow’s impact on the banking system is highly predictable… and since FedNow’s impact on the economy is highly predictable…
FedNow’s investment gains can be projected with far greater accuracy…
Meaning you have a chance to earn a massive “FedNow” windfall.
money ball [launch Moneyball Economics] kind of wizardry with economic data…
creative destruction — the driving force behind the biggest stock gains of the last 100 years — I expect FedNow to kill the U.S. banking system… the U.S. payroll system… and the (paper) U.S. Dollar.
Think of it as a creative destruction “trifecta” — one that could far surpass the gains of other famous acts of creative destruction…
Like Monster Beverages, which vies to kill the soda industry…
Federal Reserve would be eager to digitize the American economy since Bitcoin first rocketed above $10,000.
CATALYST #1: FedNow Marks the End of Cryptocurrencies… Love them or hate them…
Cryptos represent a critically-important model for how government-backed digital currencies should (and shouldn’t) function for the next 50 years…
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