Okay, let's talk CBDCs. More and more central banks are pushing these, and honestly, the privacy implications scare me. On one hand, it's digital money, supposedly more efficient. On the other, it feels like a step towards total financial control. Are we just sleepwalking into a future where every transaction is tracked, or am I overreacting? What's the biggest threat you see with widespread CBDC adoption, and how can the crypto community push back?
This is still far from feasible. Even if some experiments will show some success, they will not be able to eliminate free networks. The entire idea of CBDC came too late, after a long period of denial.
If there's one project financial institutions can count on in the current financial system, it's the successful creation of a decentralized stablecoin. The only viable design is DAO Coin, which has unique features that make it a stablecoin backed by the dollar and Bitcoin. I still don't fully grasp the concept, but it's the only stablecoin with an independent network and a unique design that sets it apart from all other stablecoins on the market.