Brace for "Dependence Day" as FedNow CBDC launches in July Prepare yourselves for an impending "Dependence Day" as the launch of FedNow Central Bank Digital Currency (CBDC) looms on the horizon this July. While it may appear as a step towards financial independence at first glance, we must confront the potential repercussions lurking beneath the surface. Rather than celebrating true "Independence Day," the introduction of a CBDC raises alarming questions about privacy, financial autonomy, and the consolidation of power within centralized entities. It is imperative that we delve into these concerns and collectively examine the potential ramifications of this upcoming digital currency. All too often, what they claim to be for internal-only non-user-facing usage, ends up being enhanced and forced out upon end-users later. If it looks anything like a currency or currency infrastructure, it or some CBDC like it will be rolled out larger eventually. "CBDC = government spying on us" "This is the point that needs to be hammered home every time this topic comes up. With a CBDC there is no more privacy, the government will be able to see every transaction you make. Not only that they will be able to freeze/seize your assets much easier than they can now." "With CBDC, they will also be able control what you can or cannot buy with the currency. It will give them 100% control of everything. We need to fight it at every turn!"