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"The U.S. Federal Reserve is activating its long-awaited real-time payments system in July, the central bank. Marking a transition that some have seen as a government challenge of the crypto sector’s instant-transaction advantages."
Sounds HORRIBLE to me.
The government will directly monitor all that you do, economically. With this system, government can directly regulate how citizens can spend money, dictating what you can and cannot buy. Immediately, there will be no privacy and in time, paper money will be phased out.
North Carolina has vetoed the program, not wanting federal jurisdiction imposing on state's rights. For once, I agree with a "red" state.
RE: Real-Time Payments System Coming in July.