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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Rufus29 on February 12, 2023, 10:02:13 AM



Title: Moonshot: Is Cypherium (CPH) a good investment?
Post by: Rufus29 on February 12, 2023, 10:02:13 AM
Hello! A friend of mine invested quited a bit into CPH, because it might be the FED might use it as digital instant payment service:

Quote
The Federal Reserve Banks have narrowed the timing of the FedNow Service launch to mid-year 2023, specifically targeting a production rollout of the service in the May to July timeframe. This further defines the previously communicated 2023 launch window for the anticipated instant payments service and comes as the FedNow Pilot Program prepares to enter technical testing for the service starting in September.


Now we all know how creative people become in the crypto space, when its about getting other peopls money. Could all be made out of hot air. What do you guys think? Has anyone on here done some research on this project?




Title: Re: Moonshot: Is Cypherium (CPH) a good investment?
Post by: JeromeTash on February 12, 2023, 07:37:23 PM
There's this article about cypherium on cointelegraph, but I ready don't give so much shits about it ===> https://cointelegraph.com/news/federal-reserve-works-with-china-s-blockchain-ally-for-instant-payments (https://cointelegraph.com/news/federal-reserve-works-with-china-s-blockchain-ally-for-instant-payments)

Why would every rush for a Federal Reserve leaning coin yet their major aim for using crypto in the first place is to avoid a central authority that acts as a third party?