Here's my concern: if we're looking at a CBDC, that's fundamentally different from stablecoins issued by Circle, Tether, or PayPal. A government-backed digital currency would likely strike many Americans as contrary to their preference for decentralized financial alternatives—quite the opposite of what the crypto community typically champions.
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NotFinancialAdvice
· 01-20 15:23
Uh... CBDC is really a troublesome thing; once the government gets involved, it's doomed.
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NFTHoarder
· 01-18 22:10
The government pushing CBDC is just wishful thinking. Isn't it just a central bank control under a different guise... We finally managed to create something decentralized, and now we're being pulled back?
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BlockchainArchaeologist
· 01-17 21:54
Central bank digital currency is really a freak; holding government endorsement and still wanting to do decentralized work— isn't that just a contradiction...
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ClassicDumpster
· 01-17 16:25
Once CBDC comes out, it's doomed. This thing is just trying to lock our money in a cage... Americans would rather play with coins than want this system.
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ShitcoinArbitrageur
· 01-17 16:08
CBDC is basically the government wanting to install a "financial monitor" on us, haha, that's really interesting.
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airdrop_huntress
· 01-17 16:07
Honestly, CBDC is a joke from the start... Americans have always wanted decentralization, but the government insists on creating a central digital currency? Isn't that just a contradiction?
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MissedTheBoat
· 01-17 15:48
Isn't this the old problem? As soon as CBDC comes out, crypto people have to run. LOL
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GasFeeLady
· 01-17 15:48
ngl the cbdc thing is lowkey the ultimate frontrun—government literally trying to sandwich decentralization out of the market lmao. watching this play out feels like checking gwei right before a network congestion spike, you just *know* what's coming but can't really do much about it...
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DeadTrades_Walking
· 01-17 15:48
CBDC is really a cautionary tale; once the government gets involved, it's doomed. Isn't this just an attempt to monitor our wallets?
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GetRichLeek
· 01-17 15:47
Haha, once CBDC arrives, we're doomed. The government will make it centralized, isn't that a slap in the face to our belief in decentralization... Should have known to secretly position BTC earlier.
Here's my concern: if we're looking at a CBDC, that's fundamentally different from stablecoins issued by Circle, Tether, or PayPal. A government-backed digital currency would likely strike many Americans as contrary to their preference for decentralized financial alternatives—quite the opposite of what the crypto community typically champions.