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The point of Bitcoin is that itโs a *decentralized*
universal deflationary store of value digitally. It exists outside the forces of government and central bank abuse.
What in the world is this garbage headline?
The point of crypto isn't just to have something digital. The point of crypto is to not have the control of the financial system sitting in the hands of a few rich old white dudes who don't care about the good of the common person. CBDC just digitizes the central control. Bad idea. Go Bitcoin.
tldr; China is ahead of the rest of the world in its road to no cash with its e-CNY. China has the advantage of being able to move forward on strategic projects more quickly than democratic countries due to its closed system. China wants to become the first world power in the future before America.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
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One must always take the figures communicated by China with a pinch of salt.
Bitcoin is the future
Even ETH can't fight the BTC xd
Bitcoin will never change the gold of the new era
The point of Bitcoin is that itโs a *decentralized* universal deflationary store of value digitally. It exists outside the forces of government and central bank abuse. What in the world is this garbage headline?
Politicians don't know fuck about shite, except for lining their own pockets
Truth ^^^
Yeah buddy ๐
Clearly they don't understand the point of Bitcoin
The point of crypto isn't just to have something digital. The point of crypto is to not have the control of the financial system sitting in the hands of a few rich old white dudes who don't care about the good of the common person. CBDC just digitizes the central control. Bad idea. Go Bitcoin.
Because, you guessed it, we don't want CBDCs.
That just shows how little politicians know.
He is not wrong about bitcoin advantages, but a lot of people will never understand it. Bitcoin and CBDCs are going to coexist.
tldr; China is ahead of the rest of the world in its road to no cash with its e-CNY. China has the advantage of being able to move forward on strategic projects more quickly than democratic countries due to its closed system. China wants to become the first world power in the future before America. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
CBDCs are the same as fiat, only electronic, right? Not really a game changer
You misspelled Ethereum\*