Quote from: bayu7adi on June 18, 2023, 08:09:22 PM

It could go either way, you know. During this early stage, like being in its infancy, we can't fathom the immense potential that Bitcoin still holds for the world.

Perhaps more adolescence than infancy, but I take your meaning.

Quote from: bayu7adi on June 18, 2023, 08:09:22 PM

Quote from: NomadTheSavior on June 18, 2023, 05:27:04 PM

Crypto will definitely replace the traditional financial system, the traditional finance system is panicking right now and trying to regulate crypto to stop it but that won't work.

I don't deny this opinion; who knows about the future? Absolutely nobody, right?

The development of China's CBDC (Central Bank Digital Currency) is currently underway. Despite being regulated by the local government, the crypto aspect is not eliminated in the eCNY currency they have released. In fact, Australia and India are also heading in that direction. The ones dominating the scene are not Bitcoin, but rather government-regulated cryptocurrencies. However, without Bitcoin, the crypto space wouldn't exist today, and I can also guarantee that the concept of CBDC wouldn't have emerged.

I think a large number of people are going to sleepwalk into CBDC adoption because governments and banks are going to make the transition as seamless as possible. All we can do is resist the 'war-on-cash' and highlight the privacy implications of your bank and card provider having a full recorded history of everything you've every purchased and where you were when you bought it. Our every move will be tracked forever. Privacy will cease to exist unless more people move over to Bitcoin.