Following the success of Bitcoin, the Fed’s are now about to roll out instant money. They are undergoing a beta test with 57 banking institutions to make transfers of checks instantaneous. What that means is there will be no “float.” In other words, once a demand for payment is made by one institution to another, one account will be debited, the other credited instantaneously.

In financial terms, the float is money within the banking system that is briefly counted twice due to time gaps in registering a deposit or withdrawal. These time gaps are usually due to the delay in processing paper checks. A bank credits a customer’s account as soon as a check is deposited.

However, it takes some time to receive a check from the payer’s bank and record it. Until the check clears the account it is drawn on, the amount it is written for “exists” in two different places, appearing in the accounts of both the recipient’s and payer’s banks.

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  he float is essentially double-counted money: a paid sum which, due to delays in processing, appears simultaneously in the accounts of the payer and the payee.

• Individuals and companies alike can use float to their advantage, gaining time or earning interest before payment clears their bank.

• Playing with float can spill into the realm of wire fraud or mail fraud if it involves the use of others’ funds.

      Please click here to understand the “FUTURE OF MONEY AND PAYMENTS“

Recommendation 1: Advance work on a possible U.S. CBDC, in case one is determined to be in the national interest.
• Recommendation 2: Encourage use of instant payment systems to support a more
competitive, efficient, and inclusive U.S. payment landscape.
• Recommendation 3: Establish a federal framework for payments regulation to
protect users and the financial system, while supporting responsible innovations in
payments.
• Recommendation 4: Prioritize efforts to improve cross-border payments, both to
enhance payment system efficiency and protect national security.

The Government is paving the way to a FEDCOIN sometime in our future. By doing this they will eliminate paper currency. Behind the scenes, all governments will conspire to print “invisible” money with dispatch. There will be no controlling entity in the process. FAKE money will be available to whoever the government says is entitled to it. This will eventually lead to the breakdown of society as we know it. Think of a barter economy within decades. Believe us when we tell you that the NATO countries are working out the legal ramification in a clandestine way, similar to the meeting that created the FED. This was a closely guarded secret and would not become widely known until the 1930s. But the plan developed on Jekyll Island laid the foundation for what would eventually be the Federal Reserve System.

The following was posted in July 2022

FEDCOIN ROLLOUT WITH ATTACHED SPYWARE