Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
George Edward
on 24/01/2025, 05:45:58 UTC
I actually have some Ripple from the giveaway.
I missed that, but collected some Stellar. Sold them long ago for bitcoin.

On an issue like this, which doesn't involve the USA directly, I think even the allies could go their own way.

I'd expect the UK to implement a CBDC because it's an easy way to unperson someone. France, Germany and maybe Italy also seem possible candidates.

The UK might do as they please, and maybe they will. On the other hand, France, Germany or Italy need to sway the ECB or it's a no go. And if/when it happens, the other countries in the Euro will have to accept the resulting digital currency, which means let their citizen use it (or force them to, more likely). There is some pressure to do so. The ECB appears to hate bitcoin more than other central banks - see some of the papers published by a few ECB folks. A digital euro may help "solve the bitcoin problem". My opinion is that the USA (or the new president) won't care much or at all.
You got some free XRP and Stellar?  Smart  Good job turning them into Bitcoin.  Keep buying Bitcoin . So Regarding the CBDC chatter yeah,  a digital Euro sounds like a central bank's attempt to create a "digital fiat," trying to compete with the decentralized king, Bitcoin.  They are scared of the Bitcoin revolution, so they are trying to control the narrative and maintain their power.  But censorship resistant, decentralized money?  That is the future. They will never truly kill Bitcoin.   It's a battle for the future of finance, and we all know who's gonna win.  DYOR of course, but stack sats and stay cypherpunk