Quote from: ROSERTY on November 12, 2021, 05:59:36 AM

Bitcoin will not cause the central bank to collapse. The central bank has been around for a long time, and it is protected by the state. If the central bank collapses, it will have an impact on the world economy. Banks will also realize the benefits of cryptocurrency and launch their own digital currency to promote economic development.

Of course. It was never about destroying banks. But rather serving as an alternative to the current monetary system. Bitcoin's been doing its job pretty well as a decentralized cryptocurrency anyone can use anywhere in the world. As long as people have financial freedom with Bitcoin, nothing else matters. Central banks are backed by the government, so it's hard to imagine they'll collapse anytime soon. They're still relevant even with crypto/Blockchain tech in play. With how everything's been progressing, it seems that both crypto and Fiat (in the form of CBDCs) will exist for generations. I'm fine with that as long as people have the freedom to choose from one type of currency to the other. Just my thoughts Grin