Quote from: Cookdata on August 28, 2025, 01:46:58 PM

Quote from: john_egbert on August 28, 2025, 01:22:46 PM

BTC is already being used not only for speculations on its price, but for services, international transactions without any strings attached to them, and so on.

CBDCs will be there for sure, but they won't be able to cross and halt BTC in its track to adoption and being the best alternative to fiat.

Just don't worry about it and accumulate more Wink

When last did you heard of CBDC, last I saw a headline about it was Trump was getting it scrap and banned, I haven't heard anything about them again. It was a party agenda to create a competition with Bitcoin as a blockchain for transparent money payment but it failed and it didn't just failed, it was a beautiful one for that matter and Bitcoin that has been mocked years back is doing wonderfully than ever, this is to tell you that propaganda doesn't last in tech.

Take a look at Bitcoin mempool, a single input output would cost you less than a dollar, where is it done in the US payment system? You will pay fees that are ridiculous. In some other countries you are going to pay vat from the sender, this isn't applicable to who received the money instantly. This is what Bitcoin has done that no technology hasn't been able to beat all this while, the technology and the concept has never existed before now, even the ones trying so hard to be like Bitcoin aren't close.

Source

Perhaps they haven't heard the latest news about CBDC, where Trump has banned the issuing and endorsing of central bank digital currency as it could threaten financial system stability, individual privacy, and United States sovereignty, according to Trump's directive. He even supports the development of blockchain technologies, one of the goals of which is to protect the rights of every citizen to access blockchain networks without the threat of unlawful censorship. So I think this needs to be known for those who don't know it yet. And so that we can have a relevant discussion about the current situation. But I personally don't think it's a mistakem where they may forget or even not follow related news. Discussions about CBDC have previously been made by several news outlets. One of them is from World Affairs In Context. (Source)