At present CBDC has expanded various activities and financial service delivery process for the rapid inclusion of financial services to the mainstream population as well as the marginalized population and the backward people in the society which has been mentioned in various financial reports at home and abroad but it will be difficult for the poor population. Because they don't know much about digital currency. The regulation of the financial sector on a global scale is very complex, so people's understanding of it is also very limited. This is why it is now important to educate people about digital currency and provide clear information about the practical importance of digital currency.

Cashless payments are common in my country, but even in big urban areas, there are places that don't accept cards. For example, there's a type of public transport where you can only pay with cash, and you mostly can only use cash at farmers' markets as well. In smaller cities, even cafes often don't accept card payments or don't have the proper devices to do that, which means you need to transfer money via online banking if you don't have cash on you. I don't use cash most of the time, especially if there are other options available, but I don't really think that cash will go away globally because the tendencies strongly depend on a country. Also, unfortunately, increased adoption of cashless payments doesn't mean increased usage of crypto payments.

In my view, the price will rise steadily(ups and downs, but generally up) till the halving next year. After the halving the price will keep rising averagely but will not start making price jumps until a few months after the halving where we will now enter the bull run.

2023 price peak prediction: $35k - $40k

2024 price peak prediction: $60k - $65k

2025 price peak prediction: $90k - $130k.

- Jay -

In my opinion, if indeed bitcoin is accepted in all countries, it will not increase in price by $100k. Precisely with not many countries legalizing bitcoin so those who hold large amounts of bitcoin can play the price on the market. However, I am a bit pessimistic if the whole world can legalize bitcoin.

I don't think, pool strategy investment is good for someone to grow in wealth in the society because something can happen that will make one shareholder not to be truthful in the business, which it can lead to the collapse of the business or reduce the income that is coming into the investment, and it can also destroy the unity of the family. Any investors that want to go far or multiple in wealth in cryptocurrency investment should learn how to invest alone in cryptocurrency investment, because it will help he or she to exercise patience in holding whenever there is a bearish season. Corporate business is only good for people that truly trust themselves before going into such assets investment, and it will help them to grow fast in wealth because there is a trust among themselves which will be very easy for them to achieve their goal on time.

The subsidy can be given by government if they are stable enough with the national reserves and their yearly revenues. From where they fill the treasury? From the taxes that we pay so definitely we need subsidy but we also need population that is strong enough to pay their taxes on time and every time. Various countries do not get as much taxes as any powerful or highly developed country gets. This leads to under income of the government and thus over burden on planning and executing the schemes like subsidies. Apart from this we need to understand that subsidy is not free coupon, we do have to payback the left over amount all the time along with interest. Many people fail to do it.

Nothing beats out on dealing with something which you could really take out advantage like into those betting games which you could really be able to apply some strategies which is something that would
really be that pertaining about sports betting on which you could really make winnings at the same time you could really be having that entertainment but still not would be an enough reason for you to
consider out on making a living with it. Usually people do end up on getting addicted or losing huge sums of money due to the reason that they did make out bad decisions and insights on what
gambling is, its not a job or income source but there are ones who do really pushes up this kind of idea or thing in mind and ending up on a disaster.

People wont really be stopping in doing so until they would really be proven out to themselves and this what makes them desperate until they would realize on the wrong things
that they've been doing.Well, this had been a common behavior on most people specially to those noobs who do have this kind of impression.

I believe it’s only a myth because the crypto market is not just for trading alone, but everything starts with investing. And those who carefully invest with caution, with high knowledge on the coins they are investing, have high probability to be successful and be profitable in the market. However, if you are skilled in both, investing and trading, then the more visible profits you will gain in the future.

Yeah, it seems like the decisions already have been made and they're dosing the news slowly so everyone can ease into the thought that it'll happen eventually.
What I wonder is if we'll see each individual country (with sovereign currency) being responsible for running and maintaining the CBDC systems, or will we see some central, global institution running the 'core' of it, with each country having some admin privileges to issue/burn its own coins.
We also know that anything centrally planned, which is not subject to free market scrutiny, tends to not function very well or even fail miserably, so we might experience some turbulent times in the not-so-far future.

Since cryptocurrency has some privacy, this will make no one know where the coins go if there's someone move it. Each of them will accuse each other and no one will admit it, the scammer just need to mix the coins and use P2P exchange without KYC.

Yeah raising funds is only work for business, however even though it's your bother, sister etc still no one can be trusted, so make sure you're be ready with the worst thing that might happen.

Sending Fiat digitally is everything that CBDC has to offer, users losing control of their money is less of my worry about this currency, it's about the users freedom that I care more about, are we going to keep our hard earned money just to ourselves without the central authorities wanting to know our worth? Or wanting to know what we use our money to purchase and where or who we send money to? This is my biggest concern about CBDC and it's why I won't even want to get involved in using CBDC.

I'll pick the one that will give me peace of mind after I have used to money to sort out the problem. And that is selling of my property. I can always get it back. Infact it is even better because getting a new one means getting a newer model or a better one than what I sold out. Secondly, I wouldn't be under any pressure to replace it immediately. I can do that at my place. A loan cannot afford me this as I would have sleepless night planning on how to repay the loan to avoid a dent on my credit score. There would too much pressure on me to meet up. And right now what my life needs is calm not chaos.