They're just gonna absorb all the big cryptos and then all the shitcoins, watch. They might buy people out at above market value. Then all the crypto tards in the world will suddenly have a stake in CBDC's success, and from there it's over.
Banks started to use computers all the way back in 1970's, your paper checks was in fact the worlds first digital currency, which you interacted with physically through a bank worker, but they where always in control over your holdings and the back end transactions happened digitally.
Have you ever asked yourself why, if they wanted to introduce CBDC, they would give up all the control they already claimed over 40 years, just to give it all back to you. And then while at it also lose their insanely high transaction fees, like the 6% you pay on every card transaction for instance, or 20% on a international transfer, or $10/mo just to have a fricki'n bank account.
The only way they could possibly succeed using this strategy is through subversion, i.e spread FUD and make people think it's dangerous to be in control over their own money, because by now a lot of people are used to bankers being in control and want to keep it that way, because they believe that the bankers will save them if they get scammed, which of course no bank will ever do. You'd still get fucked and lose everything you own.
They're just gonna absorb all the big cryptos and then all the shitcoins, watch. They might buy people out at above market value. Then all the crypto tards in the world will suddenly have a stake in CBDC's success, and from there it's over.
You have us asking ourselves this Question at least once a week.
And the coins you are thinking of are Etherium and all the other junk coins out there that don't have a public ledger or payments for proof of work.
Banks started to use computers all the way back in 1970's, your paper checks was in fact the worlds first digital currency, which you interacted with physically through a bank worker, but they where always in control over your holdings and the back end transactions happened digitally.
Have you ever asked yourself why, if they wanted to introduce CBDC, they would give up all the control they already claimed over 40 years, just to give it all back to you. And then while at it also lose their insanely high transaction fees, like the 6% you pay on every card transaction for instance, or 20% on a international transfer, or $10/mo just to have a fricki'n bank account.
The only way they could possibly succeed using this strategy is through subversion, i.e spread FUD and make people think it's dangerous to be in control over their own money, because by now a lot of people are used to bankers being in control and want to keep it that way, because they believe that the bankers will save them if they get scammed, which of course no bank will ever do. You'd still get fucked and lose everything you own.