Articles
January 4, 2024

Are Digital Currencies doomed with FedNow? At Aho Tech we don't think so.

Are Digital Currencies doomed with FedNow? At Aho Tech we don't think so.

Using Fed Now, the government gains the ability to dictate your permissible purchases. The Trudeau administration, for instance, opted to freeze the bank accounts of those who supported the trucker movement. Regardless of your stance on the cause, this raises concerns about acceptability. Visa and prominent banks also reject transactions involving emerging industries, alternative medicine, and now cryptocurrency exchanges. What comes next?

With a GTD account in your hands, you can seamlessly navigate the evolving financial landscape. Your GTD wallet not only offers security that physical cash can't match but also provides unrivaled functionality. It's impervious to theft, loss, or damage, making it a fortress for your wealth. You can InstantPay anyone in their preferred currency while safeguarding your anonymity, revealing only the information you choose to disclose.

For everyday individuals and families, GTD is a lifeline, allowing them to manage finances while preserving their values. Secure payments for services, trade, or cultural exchanges become a breeze, all while maintaining privacy and supporting local businesses.

But GTD isn't just about individual empowerment; it's a game-changer for indigenous governments too. Imagine a scenario where these governments manage vital revenues from resource extraction within their territories. Traditional financial institutions demand transparency that compromises confidentiality and sovereignty. GTD enables them to receive payments from resource companies through anonymized aliases, preserving financial privacy while serving their communities.

The real magic happens when collaborators join forces on a platform rooted in shared values of personal freedom, limited government intervention, and financial autonomy. Together, they form an ecosystem dedicated to enhancing financial privacy and protecting against government overreach. This ecosystem thrives on decentralization, mirroring indigenous communities' desire for independence and self-governance.

Ultimately, this harmonious blend of shared values stands as a testament to the power of diverse groups working together. It's a vision rooted in respecting personal liberties and safeguarding the sovereignty of indigenous communities, offering a glimpse into a future where financial autonomy and cultural preservation coexist seamlessly.

About Tribal DeFi:
Tribal DeFi is dedicated to empowering indigenous people around the world, beginning with sovereign Native American tribal communities. Its mission is to provide inclusive and balanced tools for socio-economic development so that indigenous peoples, their businesses and their authorities have access to digital finance products, processes and technologies with trust, authentication, and transparency.
For inquiries, please contact Andrew@tribaldefi.com