Quote from: davis196 on Today at 06:05:04 AM

Quote from: Liamttw on July 23, 2021, 03:11:40 AM

The high degree of centralization and traceability of digital currency will strengthen the ability of the state or regulatory agencies to grasp the data and information of the people, both subjectively and objectively. Human greed and government mismanagement have destroyed monetary policy without exception. CBDC is the same as all other types of fiat currencies, because people will get into trouble because of inflation and heavy currency control.
Bitcoin frees people from monetary policy. The central bank cannot put the cryptocurrency sprites back in the bottle, The power of the market in a more open currency selection system will mean that cryptocurrencies are expected to play an important role in forcing these politicized central institutions to better manage their people’s funds. CBDC may also be an opportunity for Bitcoin to help increase scalability and liquidity, it will make Bitcoin more priceless.

Bitcoin frees people from monetary policy,but Bitcoin also puts the people in a volatile free market,where the risk of them losing their funds is pretty big.The market isn't perfect,that's why we need efficient governments.
How the hell can CBDCs help Bitcoin increase scalability and liquidity?Can you elaborate more?
Do you mean that CBDCs will turn more people towards Bitcoin and make BTC more popular and in demand?
Increased demand and popularity have nothing to do with the scalability of Bitcoin.
I get your point,but I have to disagree with your theory.
Nobody knows whether or not CBDCs will be better than the current financial system.They might be worse than fiat money.

When the CBDC that is regulated by the government is no different from fiat, which continues to be haunted by monetary policies that burden the people, Crypto, especially BTC, will be considered more valuable in the eyes of the public. Isn't everyone now fed up with the centralized market while we already know crypto apart from it all. Now what matters is whether you trust the government or the market more? If you believe the market can bring a better economy, then crypto will be sexier than CBDC