Re: Thoughts on CBDC's and long-term effect on the cryptomarket
A lot of people see this as bullish for the Crypto currency market for obvious reasons, nevertheless I still believe the adoption of these CBDC's will be forced onto us.
Speculation is good but it must done in a ""healthy" not delusional manner. CBDCs have not been launched yet and I know one thing for sure is that the governments love to tax its users and therefore the primary objective will be about taxing and focus will be on crypto and how we spend it - that is where the CBDC will come in. It can also be just another cryptocurrency which can be used in crypto exchanges to buy/sell other crypto - like another altcoin.I still dont get why you think that they will be forced upon you. Unless of course you are suffering from the "Everyone is trying to kill me" syndrome.
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Just like the restrictions of the so called pandemic were forced onto us.
In many countries people roamed about free with restrictions. The US is not the entire world. Restrictions are for the good of the people around you and not you specifically. Stop being selfish.Quote
This makes we wonder how these two polar opposites will co-exist, and what long-term effects it will have on the market.
heh, I dont even wonder about such. Just make your profits from the market and leave the rest to time. Who knows if we even might not live long enough to see that day that CBDC gets launched in our country. 