Post
Topic
Board Politics & Society
Re: Bitcoin Illegal Soon?
by
Kavelj22
on 20/09/2024, 23:23:52 UTC
But why do you assume that Bitcoin will become illegal in the United States after the launch of the CBDC? Then who told you that the launch of the CBDC will succeed in the first place?
Let me tell you that Bitcoin is actually illegal in the general sense because it is not recognized as an official legal tender or even as an electronic payment system, so there is no need to think about it becoming illegal because it is actually not legal yet. At the same time, Bitcoin is recognized as an investment tool after the approval of the ETF.

My opinion is that the CBDC is not a cryptocurrency at all, even if it is based on the basics of blockchain technology, and that in its centralization it is no different from the money that any of us has in our bank account or on our card. At the same time, Bitcoin has very distinctive characteristics that cannot be compared to the CBDC.


Better move this topic to "Economics" board or "Bitcoin Discussion".