It is corrupted stupid system topped with failures designed to rape ordinary people money – Loll 🤣
? Does America have one? Don’t know what that would do for me? But government and banks I thought were not so hand and hand with bitcoin – U.S. currently does not have one atm. China is working fast on theirs tho. Do look into it! 🤓
Countries Financial situation is disastrous. – The rate at which debt is growing far exceeds the rate at which incomes are growing. 😟
i would support.. in all it will bring massive awareness on blockchain & internet money.. also it will be very safe to store & use. it is to be seen what features it does carry. – But we lose decentralization, and in that we lose privacy and autonomy. 😟
The attractiveness of the assets is because of decentralization. If we allow governments and central banks to control they will become no different than fiat. – Agree.
My instinct is to say absolutely not. I loathe government and central banks and trust neither of them. I would have to know the pros/ cons better. Crypto is our escape from their overbearing regulation and absolute corruption. – Liberation! 🕊️
if our country had its own cbdc . that would mean that most of the battle for cryptos has been won. acceptance on a national level. what it would also do is send bitcoin soaring. some other countries would choose to use bitcoin in place of their own cbdc!!!! – I really think that can be a possibility. It isn’t that big a long shot imo. 🤔
Central Banks are the bane of our lives. They act to devalue our assets to support the profligacy of the governments they represent. – They are def outta control. It’s just a big giant mess. 🤦♂️
I would be open to the idea but banks are hard to trust and they would need to make the best effort to prove they can be trusted with a digital currency. – Lol that be tough after all that’s happened.
Can you imagine the Federal Reserve controlling some kind of crypto currency? They would try to manipulate it to the benefit of the government and it would totally screw over the people. – Lol.
If A) it replaces slips and hard cash I need to hold on too, and B) is used alongside crypto. There no real use for it, if it just replacing my debit card. {So on a blockchain}. Also would you have multi currency wallets and be allowed to move money to gold backed tokens or $ etc at any time. Will have no real value if it just digital form of $, Euro or pound. Very interested in seeing what China comes up with tbh. – I do believe both will co-exist in the future. Pretty cool to see how this all plays out.
goes against ethos of crypto and why I invest in the space – Same.
The whole point of cryptocurrency is to get away from government to be decentralized a fair trade for all no middle man no one sticking their hands out – Power back to the ppl!
