FedNow getting launched. CBDC here we come.
(www.federalreserve.gov)
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But what can it get used for? And what sort of computer system would you need to actually process all of these transactions quickly? And could that same system be used for a decentralized blockchain transaction processing later in the event that the Federal Reserve goes away?
Possible connection to EO13885 "Establishing the National Quantum Initiative Advisory Committee" date August 30, 2019: https://www.presidency.ucsb.edu/documents/executive-order-13885-establishing-the-national-quantum-initiative-advisory-committee
Under Biden there was another EO building on EO13885 which is EO14073: "Enhancing the National Quantum Initiative Advisory Committee" date May 04, 2022: https://www.presidency.ucsb.edu/documents/executive-order-14073-enhancing-the-national-quantum-initiative-advisory-committee
Now why would Biden be issuing EOs building on top of Trump's? Now that's weird.
Credit to u/dty6 for pointing out the potential connection.
🤔
XRP runs on the same computers that handle email and transactions take less thank 4 seconds.
https://youtu.be/-mJRNU5uHQk