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I see the world transitioning to a USD central bank digital coin for currency and Bitcoin as the store of value in the future
by mlcrypto 5y ago
I see the world transitioning to a USD central bank digital coin for currency and Bitcoin as the store of value in the future
- verdverm 5y agoThere will likely be many national currencies, the Digital Yuan comes to mind as a major contender. A global currency increase the risk to larger scale domino effect in the economy.
- spiddy 5y agoglobal economy is much like communicating vessels, large scale domino effect is also possible, having a global currency such as bitcoin disconnected from nation events, is no more riskier than without it. see China's Evergrande crisis as an example.
- worik 5y agoWhy? What problems would Bitcoin solve? It can barely keep up with the very few transactions now. Its transaction costs are sky high