'Bitcoin and CBDC - Using the Trend' cc: brick_trade futureoffinance decentralizedfinance
are investing in crypto. We could buy for Bitcoin not so long ago, and there are rumors that such an option might once again be at play.However, the situation in which we will have institutions taking over crypto-assets and limiting their usage and prices will not be the most devastating scenario in this game.
That is the point when the government enters the stage as a savior on a white horse with shiny armor and an emblem on their shield that saysI guess we all can imagine more or less accurately that the narration will revolve around saving people from the crypto world led by greedy people whose only aim is to rob others of their money.
The antagonization of Bitcoin and other crypto-assets will become significantly stronger as it will be spreading through and within the enraged public who played the game without reading the rules and taking essential precautions beforehand. Bitcoin will be seen as the demolisher of families and their life savings.
After this happens, the attempt to attack and eviscerate the cash will begin. The only question remaining will focus on the narrative that will be chosen. The arguments supportive of getting rid of the cash are not new, nor are they complex. The idea behind the CBDC will be presented as the fully regulated and state-maintained form of digital currency, as convenient to use as crypto-assets were, as cheap and fast as previous ways of digital payments were, and as eco-friendly as possible. The only difference will be the safety of the funds that could not be established with Bitcoin and were impossible to have with the cash before.