I believe that the two economies will coexist at the end of it all, one centralized and the other more decentralized, or at least that's what it seems to be heading for, believing that Bitcoin is going to replace the fiat system is a daydream, but I do believe that everything will continue to move forward.Bitcoin cannot yet fully replace conventional fiat currency. It will be like two economies. He just won't be allowed to do it yet. Until there is a legal basis for distribution. And how much will it cost? It must be remembered that there are only 21,000,000 of them. Such a number of coins cannot regulate the economy of the planet.
I recently received such information that the Central Banks of many countries want to issue their own cryptocurrency. 114 countries are already participating in this project. As I understand it, this will already be a centralized cryptocurrency and the cost for it will be regulated.I believe that the two economies will coexist at the end of it all, one centralized and the other more decentralized, or at least that's what it seems to be heading for, believing that Bitcoin is going to replace the fiat system is a daydream, but I do believe that everything will continue to move forward.
Yes, I was aware of this information since last year when the plans of these individuals began to come to light, there are a few CBDCs that have been rejected by the people like in Japan or Venezuela, many of them will fail because many people doesn't want them, I suppose that in Europe they will succeed because we are very comfortable here, but in other countries they will not want to know anything about them.I recently received such information that the Central Banks of many countries want to issue their own cryptocurrency. 114 countries are already participating in this project. As I understand it, this will already be a centralized cryptocurrency and the cost for it will be regulated.
As I read, many in the crypto community are against such digital money. After all, it turns out that the very principle of decentralization is lost. And without it, cryptocurrency will no longer be an asset in the meaning that we used to give it.Yes, I was aware of this information since last year when the plans of these individuals began to come to light, there are a few CBDCs that have been rejected by the people like in Japan or Venezuela, many of them will fail because many people doesn't want them, I suppose that in Europe they will succeed because we are very comfortable here, but in other countries they will not want to know anything about them.
Well, there are many people who advocate decentralization and there is still something of it, we can somehow stay decentralized using different platforms, but everything in this world ends up corrupting, I think it all started when large entities entered the cryptographic world, there little by little began to lose decentralization.As I read, many in the crypto community are against such digital money. After all, it turns out that the very principle of decentralization is lost. And without it, cryptocurrency will no longer be an asset in the meaning that we used to give it.
I think the same. At the beginning, everything seemed like a game, but when they saw that it was possible to make good money on it, the crypto community began to get big money. And naturally, they wanted to subjugate everything to themselves. This is what we now see in the example of volatility.Well, there are many people who advocate decentralization and there is still something of it, we can somehow stay decentralized using different platforms, but everything in this world ends up corrupting, I think it all started when large entities entered the cryptographic world, there little by little began to lose decentralization.
Do you mean that when they saw that you could earn a lot of money, entities came here to take control of the crypto ecosystem? If that is what you mean, I think the same, let's think that the big entities are always going to win in any market they enter, since they end up corrupting everything and manipulating the market at will, that's how it has always worked.I think the same. At the beginning, everything seemed like a game, but when they saw that it was possible to make good money on it, the crypto community began to get big money. And naturally, they wanted to subjugate everything to themselves. This is what we now see in the example of volatility.
Yes, that's exactly what I meant. When big money comes, and no matter what area of our life, they subjugate everything to themselves. They try to control everything and almost always they succeed. Take at least accept multinational companies. I'm afraid it will be the same with cryptocurrencies.Do you mean that when they saw that you could earn a lot of money, entities came here to take control of the crypto ecosystem? If that is what you mean, I think the same, let's think that the big entities are always going to win in any market they enter, since they end up corrupting everything and manipulating the market at will, that's how it has always worked.
But this is normal, when they see that a market is so profitable, big capital is going to arrive, the same thing would happen with the stock market, it began as a normal trading place until big capital arrived to monopolize everything, this also happens in flourishing industries, as soon as it begins to be profitable, the great magnates come to take over it.Yes, that's exactly what I meant. When big money comes, and no matter what area of our life, they subjugate everything to themselves. They try to control everything and almost always they succeed. Take at least accept multinational companies. I'm afraid it will be the same with cryptocurrencies.
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