Probably not something we'd like to hear. Regardless, I think we should face the reality that we will see CBDCs grow and get used more in the future. There's one main reason fir it, and that is because it is invented by the institutions that currently hold the control on the financial narkets, and they will be inclined to keep it like that.
Active CBDC development
Around the world a lot of nations and their central banks are actively researching or testing cbcds (see for example https://cbdctracker.org/). Amongst those the Eu, China, India, Russia, the UK. The list is long.
Crypto fuck ups pave the path
Because of numerous failures and big ponzi schemes crypto actually opens a pathway for central banks to make a case for regulated digital currencies. We all know the examples of mount gox, luna, ftx, and many more. A call fir regulations on crypto is stronger than ever.
Coexistence or not?
Depending on how central banks choose their policies we may or may not see Cryptocurrencies be "allowed" to coexist with CBDCs. They might shut cryoto out of their system, which may hurt crypto.
Personally I obviously am in favor of crypto, being the decentralized alternative, but I think we should not be naive on the power of those wanting to integrate CBDCs as the "alternative" to crypto.
Please let me know your thoughts below.
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