We basically all already use CBDC. BTC is being used to rope in the last holdouts who think crypto is e-gold or some dumb shit. How would you tell the difference between credit card use now and the vision of CBDC use in the future? Everything is already tracked, categorized, individualized, and who knows what else by our governments.
Your only option now is converting your fiat currency bux into any tradeable asset that can’t be tracked. If you haven’t started doing this yet, you better start thinking about it.
Holding a BTC wallet, is essentially, owning your own bank. Well, more of a Credit Union, as you can not just pretend funds into existence. That would be Ethereum.
It's called proof of work, and the coins you hold are a reward for solving blocks. These encrypted blocks are the results of work effort. Is this not preferable to the current banking system?
To secure the network. Your work directly secures the network from abuse in a trust-less (no one trust anyone on the network) system of encryption.
It's the equivalent to adding an extra lock to the bank vault every ten minutes. For which you are rewarded. These digital locks hold tangible value created from work effort.
We basically all already use CBDC. BTC is being used to rope in the last holdouts who think crypto is e-gold or some dumb shit. How would you tell the difference between credit card use now and the vision of CBDC use in the future? Everything is already tracked, categorized, individualized, and who knows what else by our governments.
Your only option now is converting your fiat currency bux into any tradeable asset that can’t be tracked. If you haven’t started doing this yet, you better start thinking about it.
Holding a BTC wallet, is essentially, owning your own bank. Well, more of a Credit Union, as you can not just pretend funds into existence. That would be Ethereum.
It's called proof of work, and the coins you hold are a reward for solving blocks. These encrypted blocks are the results of work effort. Is this not preferable to the current banking system?
To secure the network. Your work directly secures the network from abuse in a trust-less (no one trust anyone on the network) system of encryption.
It's the equivalent to adding an extra lock to the bank vault every ten minutes. For which you are rewarded. These digital locks hold tangible value created from work effort.
At least BTC is limited and surpasses inflation. If you want anonymity use Monero, btc mixers or other means.
But yeah, they are roping people in. BTC ETF lol.