Coming this July... FedNow!

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From <SLV>'s link:
...
Now the nexus wants to assure that people who have managed to escape these forms of control will be placed under control – by making it so that every transaction they make is known – or put another way, they will make it impossible for anyone to make any transaction without it being known.
...

That is not correct. FedNow is a mechanism that will facilitate (and track) bank to bank transfers just as the ACH system does today. People will still be able to make transactions via cash or paper check (or crypto!?!?) that do not utilize the system.
 
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