“If FedNow does indeed become a programmable CBDC, then it could theoretically be used to block payments for items the government doesn’t favor or to cut out people from the financial system who are seen as threatening in some way to governing authorities, aka, political opponents,” said Dave Weisberger, CEO and co-founder of CoinRoutes said. “In that situation, things could get dystopian very quickly.”

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• Source: https://www.coindesk.com/business/2023/07/21/federal-reserves-fednow-launch-triggers-fresh-speculation-over-digital-dollar/?utm_medium=referral&utm_source=rss&utm_campaign=headlines