Post
Topic
Board Bitcoin Discussion
Re: MY DREAM ABOUT BITCOIN
by
minairia3
on 09/09/2022, 14:00:41 UTC
In the future, countries where we can travel with Bitcoin without a visa will grow, that's my dream

WHAT IS YOUR OPINION ?

Developed countries are increasingly choosing to design and develop their own centralized tokens (CBDCs) over bitcoin. Underdeveloped countries, like El Salvador, choose the development of bitcoin, trying to attract investment to their country at the expense of it. So I'm not sure that the number of these countries will grow, especially those that are preferred by tourists.
Does the CBDC mean that each country will have its own official coin/token?

then it will be very bad. means that every time we go from country A to country B. means when we arrive in country B, then we must first exchange tokens/coins from country A to tokens/coins from country B if we want to make payments in country B. like that?

then it will be just like Now.
Am I wrong? I hope I'm wrong. because if so. then it means that actually every CBDC country has not progressed at all. it would be better if bitcoin is accepted in all countries as a means of payment. so that we don't have to bother exchanging country A fiat money for country B fiat money or exchanging country A coins for country B coins.

i will start studying CBDC now. because I don't really understand this term.

CBDC is no different from fiat today, it is just a digital version of fiat. what you said is true, things will not change if CBDC goes live to replace fiat, we still keep the same currency exchange procedures every time we travel.

Of course bitcoin is better in this situation but the problem is that not every government accepts bitcoin as legal and it will never happen that we travel with bitcoins without visa like OP is dreaming.