Post
Topic
Board Bitcoin Discussion
Re: Japan's Dormant accounts waking up finally
by
dothebeats
on 01/08/2020, 16:43:44 UTC
The Japanese are crazy traders as well, so we might even attribute these price rises with some of them revisiting their trading accounts and starting to make something out of the current craze. I'm sure the South Koreans will also be a part of this newly-found hype around bitcoin and might even cause some massive pushes along the way. They are seeing something on this activity, that's for sure.

Anyways, maybe with these events happening, there would be eye-openers towards the government to really focus on developments on CBDC just like in the article. Then, it would be better for everyone. As for Libra, discussed in the article. They are possibly aiming high to be the future of money instead of just being a "token," and it could be labeled as a shitcoin.

I don't think governments will eye on CBDC rapid development just because crypto is surging recently. Well, some countries might find it as a sign but others will surely focus on other things rather than spend on R&D on CBDCs. The road to countries creating their own CBDCs is still a winding one with a lot of uncertainties, but we'll get there eventually, and the current events are surely not catalysts to it becoming a reality.