Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
AverageGlabella
on 19/03/2023, 14:28:44 UTC
⭐ Merited by d_eddie (1)
This pic was just posted just 5 months ago and it's even less relevant now.  Paper money will become CBDCs (Central Bank Digital Currencies) first.  Then, once people realize how CBDCs and freedom are incompatible, they might switch to Bitcoin but after what I've witnessed in the last few years, I am more inclined to believe most will take whatever vaccine they are told to take to prevent Bitcoinization.

paper money will be converted into digital money you are correct but it will probably last a long time. paper money has landed many years and people are not thinking about changing to Bitcoin yet and only a few people have. Digital money will probably last just as long as paper money before finally it will start failing and people will look for a alternative. I do not know if Bitcoin will be attractive enough for people to convert to Bitcoin by the time digital money fails and people might be more skeptical because digital money is similar to Bitcoin in their eyes because it is digital.