pull down to refresh
21 sats \ 2 replies \ @Lederhosen OP 3 Dec 2023 \ parent \ on: Continuation of "Self-Custody for Everyone": What Are Banks Plotting? bitcoin
I also believe that they recognize Bitcoin's unstoppable nature and, consequently, must adapt to Bitcoin in the long term, not the other way around.
The whole point stands in normies acceptance of CBDCs. It's all about compliance.
And right now they start pushing for this crappy "global digitalID"... This is REQUIRED in order to be able to implement CBDCs. Because each CBDC is attached to a globalID.
You can't even fart without them knowing...
Scenario A:
If the majority will just accept it, then Bitcoin will became the "resistance" currency, for underground trades, in small communities, a real freedom resistance.
People thinking today that they will be able to dump the CBDC for more sats, they are totally WRONG. CBDC means you cannot make ANY trade without central bank APPROVAL. CBDC = social credits, are NOT money ! This is what most of the people do not realize.
Who have today BTC, it will join into resistance or the weak ones, will just keep them as a relic because they would not be able to exchange them for CBDC.
Scenario B:
The majority of people reject CBDCs and we could have another 10-15 years time to get rid totally of fiat, slowly adopting Bitcoin.
I will repeat this over and over until more people will trylly understand my fucking WARNING!
Please read:
reply
I think the day has now come when I can no longer read the word CBDC.
reply