Timothy Sumer

⚫️ Watch more videos here: Newsletter on Substack - ⚫️ Keep In Touch: Twitter: Instagram - Facebook - Locals - YouTube Vlogs - ⚫️ I self-produce all content. If you'd like to support my channel, you are welcome to do so via: ⚫️ Useful Discounts & Links: ▪️ExpressVPN - Protect your internet privacy & get 3 months FREE: ▪️Birch Gold - Diversify with precious metals: ▪️BitIRA - Set up a new Gold IRA with Birch Gold: ▪️IncFile - Register your business & Receive 1 year of FREE registered agent service: ▪️Gusto - Get $100 by signing up for THE BEST payroll provider: ▪️Canva - Easy & free graphic design: ▪️Melio - Small business vendor/ expense payment automation: ▪️BlueInk - 50% less expensive than DocuSign: ▪️1Password - World’s top rated password manager: ▪️E-Trade Brokerage: Receive a reward when you open an account: ▪️Robinhood: Receive free stocks when you sign up: ▪️Skillshare - Continue learning from the best instructors: ⚫️

⚫️ Watch more videos here: Newsletter on Substack - ⚫️ Keep In Touch: Join me on Locals - Instagram - Facebook - YouTube Vlogs - ⚫️ I self-produce all content. If you'd like to support my channel, you are welcome to do so via: ⚫️ Useful Discounts & Links: ▪️ExpressVPN - Protect your internet privacy & get 3 months FREE: ▪️Birch Gold - Diversify with precious metals: ▪️BitIRA - Set up a new Gold IRA with Birch Gold: ▪️IncFile - Register your business & Receive 1 year of FREE registered agent service: ▪️Gusto - Get $100 by signing up for THE BEST payroll provider: ▪️Canva - Easy & free graphic design: ▪️Melio - Small business vendor/ expense payment automation: ▪️BlueInk - 50% less expensive than DocuSign: ▪️1Password - World’s top rated password manager: ▪️Bitcoin IRA account: ▪️E-Trade Brokerage: Receive a reward when you open an account: ▪️Robinhood: Receive free stocks when you sign up: ▪️Skillshare - Continue learning from th

Scheduled to launch by July 2023, FedNow vastly improves upon traditional interbank settlement systems like FedWire or ACH systems. It offers superior costs, scale, features, and intraday finality. Put simply, FedNow almost completely obviates the need for a US central bank digital currency (CBDC). But what does this mean for Cryptocurrencies (Bitcoin and Ethereum) and stablecoins? ~This episode is sponsored by iTrust Capital~ iTrustCapital | Get $100 Funding Reward + No Monthly Fees when you sign up using our custom link! ➜ 00:00 intro 00:24 Sponsor: iTrust Capital 00:55 FedNow Launches in July 01:45 What is FedNow Payments? 03:55 FedNow Details vs CBDC 06:10 China CBDC Digital Yuan 06:54 CBDC Self-Custody? 09:20 Bitcoin Peer-To-Peer Payments 10:00 COVID Killed Cash? 10:49 Cash & Coin Shortage 12:42 U.S. Unbanked Rates 14:12 Cash Withdrawal Bans 15:30 CBDC Fears 16:10 UK Targets Crypto Onboarding 17:42 White House Economic Report 18:15 Caitlin Long on Operation Chokep