State-Issued Digital Currencies - Why do you need to sell all your bitcoin

[Alucard1]

What would we expect from CBDC, they will just say negative things about cryptocurrency, decentralized and centralized system is a different thing, they see bitcoin as no worth, that is not new for every old bitcoin user. Can you tell us what article are you going to create? if that's not a good thing then it would be a waste of time, there would be no members of the forum that will support that because you will just misinform newbies and newcomers of the crypt world. you should not focus only on one information that you have read, try to find some otheuseful information to make things clear to you.

[Myleschetty]

Hi Guys

I have been reading about State-Issued Digital Currencies and it seems that current bitcoin wont worth anything.

let me know what you think about it i am planning to write an article about it

N

For the record the government tried to make Bitcoin obsolete, they failed cause the Bitcoin enthusiast value the liberation Bitcoin offered and later IMF advised told them that digital currency is inevitable which is the reason they decide to issue their own national currecy.
If they failed then so their digital currency wont harm Bitcoin.

[wxa7115]

I can't fucking believe people still roll this line out.

A statecoin has every single problem the existing currencies have and many more new ones too. They will have vastly more control over everyone's money and will be able to enact any policy without resistance.

An all statecoin world will make Bitcoin more compelling than ever. If people can't figure that out then they should give up their BTC so someone with a modicum of cognitive ability can benefit from it instead.

We must prepare ourselves because as soon as those coins are released by most governments of the world that is the message that the media is going to use to bombard us, and you know what will happens next? People being the way they are will just believe it and now instead of the old bitcoin is a ponzi scam articles the we got now we are going to get the bitcoin is not needed anymore kind of articles.

But we must understand that even if this is not true we are not their target audience, we know the truth, we cannot be deceived, but the rest of the population can and will be deceived and they will not learn until they are burned by those currencies.

[milewilda]

Hi Guys

I have been reading about State-Issued Digital Currencies and it seems that current bitcoin wont worth anything.

let me know what you think about it i am planning to write an article about it

N

Wont worth anything? Thats a wrong way kind of thinking and who the hell be presuming out that bitcoin worth nothing because of State-issued digital currencies existence?
They can create all the want as much as they want and everytime they want because Bitcoin market wont really be affected no matter how established or known/reputable their
digital currency is because this wont really differ on fiat money that goes digital.So they arent offering something new and also this is a different market that doesnt
really affected with other external events.So its just useless on making up some article about it because no ones gonna read it. lol

[gentlemand]

We must prepare ourselves because as soon as those coins are released by most governments of the world that is the message that the media is going to use to bombard us, and you know what will happens next? People being the way they are will just believe it and now instead of the old bitcoin is a ponzi scam articles the we got now we are going to get the bitcoin is not needed anymore kind of articles.

Then the people who have spent the extraordinarily taxing 15 seconds thinking this through will buy it off them. Off they go never to be heard of again. Education goes hand in hand with Bitcoin's rise. Education is not something that can ever regress, it only grows. The people who are too sodding dim to take it on board are ready to be replaced by the increasing numbers who are.

[Warkop]

My question is where did you read the news? and which country you are from You did not provide any link sources here. In my opinion, the news you read is very wrong for Bitcoin's valuation, because Bitcoin has been so proven that the current Bitcoin price looks so high that it is impossible for Bitcoin to be worth nothing. If you want to write articles about Bitcoin, you must first explore how Bitcoin is developing today and never look at any unpleasant news about Bitcoin, because you will never get anything.