Post
Topic
Board Economics
Re: Do we truly need cbdc when bitcoin already exist?
by
Alpha Marine
on 03/10/2023, 16:54:43 UTC
CBDC is just a centralized form of Bitcoin. It's the complete opposite of what Bitcoin stands for. The government can't allow people to have control over themselves. They won't just sit by and watch that happen. They'll have to do something about it.
CBDC will be a total failure in every country.

Btw, If it's control they want, why bother introducing a CBDC (central bank digital currency) when they can continue with the fiat system that we already know Huh
They know that Bitcoin has come to stay. They can't outright ban it because that would be an infringement. There would still be ways to go around a ban even if it would be illegal. So the best way for them is to create something that can rival Bitcoin which is absurd because they're against this same coin yet making a replica.
They hope to use their creation to fight Bitcoin. Well, good luck with that.