Balaji
almost 2 years ago
CENTRAL BANK DIGITAL CONTROL != CBDC Fednow is central bank digital control, even if it's not technically central bank digital currency. I strive to be precise. So, let me make some important clarifications about FedNow, in response to fair points from @jp_koning and… t.co/7JCQpyZYRW t.co/02vqhZwxet
The second question from @jp_koning is also fair, which is: why would I speak well of India's UPI and yet be so concerned about FedNow? The short answer is that I'd order the desirability as: BTC > UPI > FedNow. In other words, a global and digitally free currency over the… t.co/Ug9RQgmL9v t.co/qzdJiQBBUU t.co/cGooRBnCUp
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