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is the federal reserves fed now service now the primary form of currency in the United States no thats not true fednow is just an instant payment system and will not change the currency infrastructure in the United States rather the service will make it easier to transfer money between entities and financial institutions the claim appeared in a video published on YouTube on April 2nd 2023 by the YouTube channel Morris invest the video was titled in less than 24 hours the U.S dollar changes forever Morris invest the narrator of the video opened quote youll be able to tell your kids about how the US dollar was once the strongest currency in the world and you were there to watch it fall into ruin youll be able to explain to your kids that it was all self-inflicted how arrogance greed and bullying led to the collapse well get to that part of the story in a minute but first youll also be able to tell your kids that you were there when they took away paper dollars and coins in favor of