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#407: FedNow is not a CBDC with Matthew Mežinskis

TFTC: A Bitcoin Podcast

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With a CBDC, that's literally like there are no bank accounts. It's just the central bank. And they're going to say, okay, you can take that money and spend on alcohol this week, or you can't,. You know, we're still using checks in the U.S., right? So I know ACH is in checks, but like all of these different things, the idea is just to simplify it, standardize it Like Europe did succeed with SEPA. No one uses a check in Europe. Everybody uses SEPA. All the banks see it. The Fed is back stopping everything. And they are spinning up these facilities. Does it really matter at

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