This is the future I see, a million problems solved and a million applications created by cryptocurrencies and blockchain technology.
I do have the same POV with the blockchain technology but not with cryptocurrencies but dont get me wrong on this. I do hold some cryptocurrencies but some day, some countries might adopt the blockchain technology and implement their own currency with it. China is definitely going to launch their Digital Yuan somewhere in the future and probably might use some of the blockchain technology
To put it simple, cryptocurrencies might change the world economy but not in a way that we all dreamed of. Most of us in this forum definitely want bitcoin to take off and mass adopted but its probably only blockchain that is going to be adopted by the economy system
I do not agree with that. For one simple reason as well; centralization. If a blockchain made by a government is still centralized that means there is not going to be any competition for bitcoin, the reason why people like bitcoin is the fact that nobody could print more and give it to rich people, that is what is going on with the fiat world, right now governments print more and more money and give it to companies so that they can fire thousands of people while paying their CEO's tens of millions of dollars and that is just not an okay thing to do, it hurts the world as a whole and it is never going to recover as long as this keeps up.
It means we are talking about something that is not going to change with governments starting their own digital currency, they can do that as much as they want and they will never compete with bitcoin for me.