Quote from: avikz on Today at 06:14:50 AM

Quote from: 33QE on May 18, 2022, 03:37:47 AM

I think USDC is making their move to introduce CBDC into the market.

And may I ask you, how?? USDC is a crypto company and CBDC is a "central bank digital currency". So not just USDC, rather any commercial banks can't introduce CBDC unless specifically authorised or instructed by the central bank of that country. So regardless of the fact whether the company had purchased a bank or not, CBDC is not something they can operate legally.

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So the question is... Are you ready and prepared for the CBDCs?

If I look from the perspective of convenience, then CBDC is great. But if I am looking from the perspective of my financial privacy, then it's a bad thing that can happen in my life. Now choose accordingly.

Circle was founded in 2013. A month after Circle announced its decision to merge with Concord, the crypto firm declared it would seek a charter to become a full-reserve national commercial bank.

https://www.bankingdive.com/news/circle-seeks-national-charter-to-start-digital-currency-bank/604701/

Quote from: Moneyprism on Today at 01:45:44 PM

why are people now pushing the combination of cryptocurrencies and traditional banking too much? .. even though these are two contradictory things .. initially cryptocurrency was developed to be able to realize financial freedom from traditional banking, but now we are increasingly difficult to realize the original goal of crytocurrency

It's not about traditional banking or money.

It's about power.

I think we knew in the back of our minds that this technology (blockchain / crypto etc) could lead us down towards two roads.

One a dystopian future and the other utopia.

Sometimes i look in the mirror and i see a young george soros staring back at me.