Even you understand that any fool can fork any existing blockchain and create their own cryptocurrency. Now you can't both suggest that's gonna affect the value of legit coins while at the same time admitting those coins are nothing but shitcoins.
See this is like being worried about some kid writing numbers on slips of paper "oMg iT'S GoNnA DeVaLuEaTe tHe dOlLaR". Then go all in and get pissed when it turns out it wasn't what you expected. "hEy i iNvEsTeD AlL My dOlLaRs iN ThAt kIdS FaKe cUrReNcY, hOw dArE YoU SaY ThEy aRe wOrThLeSs". 🤡 Honk honk 🤡
You don't even know what Luna is, what it does, how it works, or who's behind it. Think for once, use your brain, anyone can fork any cryptocurrency project and use the source as a base for their own. Scammers use this method to change the rules in their own favor, then try trick dumb people who know nothing about how cryptocurrencies work or why they exist.
These scammers are literally used car salesmen. That doesn't mean cars are bad, but maybe it is in your world.
Fiat currency has been digital since the early 70's, and central banks has always had a finger (((and a nose))) in that game. CBDC built on blockchain technology is not the threat you think it is. They will continue to fuck you over just like they did every day for decades. It doesn't give them more control than they already have.
The problem is you still holding fiat currency in the first place, you already gave up control and now you're upset because they upgrade the back end technology, which they will use as an excuse to make countries cashless, because with blockchains that would be slightly less risky in case something happens to the power grid or internet connectivity. You already accepted being a slave to them.
Even you understand that any fool can fork any existing blockchain and create their own cryptocurrency. Now you can't both suggest that's gonna affect the value of legit coins while at the same time admitting those coins are nothing but shitcoins.
See this is like being worried about some kid writing numbers on slips of paper "oMg iT'S GoNnA DeVaLuEaTe tHe dOlLaR". Then go all in and get pissed when it turns out it wasn't what you expected. "hEy i iNvEsTeD AlL My dOlLaRs iN ThAt kIdS FaKe cUrReNcY, hOw dArE YoU SaY ThEy aRe wOrThLeSs". 🤡 Honk honk 🤡
You don't even know what Luna is, what it does, how it works, or who's behind it. Think for once, use your brain, anyone can fork any cryptocurrency project and use the source as a base for their own. Scammers use this method to change the rules in their own favor, then try trick dumb people who know nothing about how cryptocurrencies work or why they exist.
These scammers are literally used car salesmen. That doesn't mean cars are bad, but maybe it is in your world.
Fiat currency has been digital since the early 70's, and central banks has always had a finger (((and a nose))) in that game. CBDC built on blockchain technology is not the threat you think it is. They will continue to fuck you over just like they did every day for decades. It doesn't give them more control than they already have.
The problem is you still holding fiat currency in the first place, you already gave up control and now you're upset because they upgrade the back end technology, which they will use as an excuse to make countries cashless, because with blockchains that would be slightly less risky in case something happens to the power grid or internet connectivity. You already accepted being a slave to them.