Central banks getting ready for cbdc-s USA is good for freedom

[Londonboss2007]

Few up coming cbcd



Countries and their currency projects

Turkey: bitlira
USA USD , circle usdc,dai,busd,paxos,usdt
Europe: eurt tether euro
Canada r3 ubin project Jasper  also its joint project with boe the bank of england
Ukraine e-hyrvina
Russia: unknown ? probably russian currency will disapeare.
Australia: unknown
Sweden ekrona
Latin america: e peso
Also the thailand and asia strong cbdc projects joint venture projects.

Conclusion: all other countries Will be clearly strongly regulated and less market dictating everything USA Will be ruled by the capital and markets more then other countries the USDC and usdt and other Stablecoins gives more freedom to people then other cbds projects.
So get your crypto stack it up and head to USA in USA Will be more freedom.
Off course poverty will take over the USA aswell but it will create more opportunities there.
In the next years we probably have situation when USA Will be like tax Free zone like dubai there will be a lot innovation and freedom and people would have more freedom becouse they can use freedom blockchain the btc eth USDT while most of the countries choose very heavy regulated without much of freedom at all cbdc system.

[joniboini]

Where do you get this idea from? Sounds overly optimistic and ignores a ton of problems the USA has with crypto right now. SEC has been suing people left and right, while their next target is clearly stablecoins in the near future. Even if those coins did survive, why would you think people need to move to the USA just to use them? I'm not going to lie, it sounds like you're just pulling things from the air and doing US propaganda.

[MusaMohamed]

Two CBDC trackers
https://cbdctracker.org/
https://www.atlanticcouncil.org/cbdctracker/

Not all countries are ready to go with CBDCs. When their governments have intention and plans to do it, they must go through development, testing, security checking and more before they can launch their CBDCs and have Congress approval to include it into their national laws and financial system.

How CBDCs in other countries related to freedom in the USA?

[Darker45]

CBDCs to me are unstoppable. They're a matter of when and not if. Paper bills and coins will be gone. That's the call of the times. The fast development in technology means cold cash is becoming obsolete. The financial world is turning digital. Although developing countries like mine will take a much longer time to adopt, it will eventually happen.

As a result, Bitcoin becomes more and more relevant. CBDCs mean death of privacy. CBDCs mean death of ownership. CBDCs mean death of freedom of money. Bitcoin is our refuge.

[Londonboss2007]

Where do you get this idea from? Sounds overly optimistic and ignores a ton of problems the USA has with crypto right now. SEC has been suing people left and right, while their next target is clearly stablecoins in the near future. Even if those coins did survive, why would you think people need to move to the USA just to use them? I'm not going to lie, it sounds like you're just pulling things from the air and doing US propaganda.

Look the future stablecoins USA have usdc, usdt,dai,busd..guess what binance.us still operating in USA it's evidence of further busd plans.
But off course first there would be crash and then you have crypto you USA for cheap.
Europe not bad either tether stable coin for europe.

USA is when private companies like circle blackrock and coinbase will provide new financial service.
It's not bad thing that USA will be like dubai kind of country and crypto and Stablecoins innovation hub.
And there Will be no cbec like any other countries USA Will use existing blockchain btc eth trx sol xlm the legit ones to give power to privacy and private ownership of capital.
And we can expecting trump to come power next year trump support always free markets and that's what usa is all about.

Just the future of each country new currencies...youll see usa will use most freedom supported currencies like USDC and usdt

[Zlantann]

Look the future stablecoins USA have usdc, usdt,dai,busd..guess what binance.us still operating in USA it's evidence of further busd plans.
But off course first there would be crash and then you have crypto you USA for cheap.
Europe not bad either tether stable coin for europe.

USA is when private companies like circle blackrock and coinbase will provide new financial service.
It's not bad thing that USA will be like dubai kind of country and crypto and Stablecoins innovation hub.
And there Will be no cbec like any other countries USA Will use existing blockchain btc eth trx sol xlm the legit ones to give power to privacy and private ownership of capital.
And we can expecting trump to come power next year trump support always free markets and that's what usa is all about.

Just the future of each country new currencies...youll see usa will use most freedom supported currencies like USDC and usdt

Welcome to the forum. You have created three threads and some of them are very complicated. You didn't include any link to prove that your assumptions are factual and consistent with some findings. Your predictions are based on speculation and personal views. I think you have to learn more and write less. Anyway, many countries are experimenting and some are embracing CBDCs because blockchain technology is becoming popular and it can be designed to be less expensive and more efficient. It also facilitated international trade between nations making payments less cumbersome.

I don't also see how currencies like USDC and USDT support freedom. These coins or currencies are centralized and controlled by individuals. Your coin can be frozen without your permission. You are putting your trust in politicians, that's not appropriate. Donald Trump is not a fan of cryptocurrencies and I doubt if he has changed his view towards the sector. He has always criticized Bitcoin, so even if he wins we might not see a more friendly United States.

[Argoo]

I don't think it's worth agreeing with your opinion about the financial freedom that CBDCs bring to people. CBDCs of different states increase the efficiency of the functioning of their national currencies, but do not provide any noticeable freedom in financial relations, since they are completely controlled by the governments of these states. Government cash gives people even more financial freedom than their CBDC.

As for private and commercial CBDCs, such as USDT, USDC, DAI, BUSD, they are direct competitors of state CBDCs and states will limit their circulation over time.

[Londonboss2007]

I don't think it's worth agreeing with your opinion about the financial freedom that CBDCs bring to people. CBDCs of different states increase the efficiency of the functioning of their national currencies, but do not provide any noticeable freedom in financial relations, since they are completely controlled by the governments of these states. Government cash gives people even more financial freedom than their CBDC.

As for private and commercial CBDCs, such as USDT, USDC, DAI, BUSD, they are direct competitors of state CBDCs and states will limit their circulation over time.

Those will be the CBDS only that those ones Will be relaxed ones. Other countries will get the R3 system cbdcs those will be total control curreencies but USA will get relaxed ones.
The USDC USDT busd Are allready on the plan have seen the future blockchain plan? I guess you are not

[cabron]

I don't think it's worth agreeing with your opinion about the financial freedom that CBDCs bring to people. CBDCs of different states increase the efficiency of the functioning of their national currencies, but do not provide any noticeable freedom in financial relations, since they are completely controlled by the governments of these states. Government cash gives people even more financial freedom than their CBDC.

As for private and commercial CBDCs, such as USDT, USDC, DAI, BUSD, they are direct competitors of state CBDCs and states will limit their circulation over time.

Those will be the CBDS only that those ones Will be relaxed ones. Other countries will get the R3 system cbdcs those will be total control curreencies but USA will get relaxed ones.
The USDC USDT busd Are allready on the plan have seen the future blockchain plan? I guess you are not

Their CBDC is meant to give them universal basic income when the FED starts their QE again. Yup, it must be a good thing for those who don't want to work for they still get some amount of money every month. But of course, this is printed money which will drive also inflation in the coming years. This is going to be scarier by the month.

I think we will be seeing it very soon since Biden is already scaring people with the new covid variant and mandates the mask again and lockdowns.
\

[Cryptomultiplier]

Still in dream land, aye. The reality is far from what you have done well to explain, because as free as the U.S is, the systems is strictly monitored. Anyone with crypto can trade with it, but the current issues lies with the SEC trying to regulate along with other ETF projects and lawsuits that needs sorting and understanding before using CBDC and acceptance of crypto as legal tender.
Still it will be taxed. It's clear how taxing is one major source of economic security for the U.S.  

[mindrust]

I am sick and tired of all the CBDC talk. We have been discussing it for multiple years now and nothing is happening. CBDC's are not even good for crypto, in fact, they are no good for nobody. They suck. I hate FIAT as much as the next guy but CBDC's are worse than FIAT. FIAT at least has a physical form which you can store way and it is anonymous too. CBDC's have none of these features. This freak of nature gives all the control over your finances to the governments. Crypto gives you freedom, this is the exact opposite. We must stand and fight. FIAT and Crypto are the different sides of the same coin. One cannot exist without the other. Fight for FIAT.  Fight for crypto. We are together in this war. What is Batman without the Joker? A whole big of nothing.

[Gyfts]

And we can expecting trump to come power next year trump support always free markets and that's what usa is all about.

The U.S. is one of the most regulated markets in the world and it will never become a tax free zone for crypto assets (or any other asset, for that matter). It won't be any different when CBDC's get introduced either, I'd expect even higher regulations when the central banks start issuing out CBDC's.

Trump is not going to change any of this. He is pro-free markets, but he's also anti-Bitcoin. He's gone on the record calling it a scam and a threat to USD. He'll easily be influenced into curbing Bitcoin growth by regulating it, and that's under the presumption he wins in 2024 which isn't guaranteed.

[DrBeer]

Few up coming cbcd



Countries and their currency projects

Turkey: bitlira
USA USD , circle usdc,dai,busd,paxos,usdt
Europe: eurt tether euro
Canada r3 ubin project Jasper  also its joint project with boe the bank of england
Ukraine e-hyrvina
Russia: unknown ? probably russian currency will disapeare.
Australia: unknown
Sweden ekrona
Latin america: e peso
Also the thailand and asia strong cbdc projects joint venture projects.

Conclusion: all other countries Will be clearly strongly regulated and less market dictating everything USA Will be ruled by the capital and markets more then other countries the USDC and usdt and other Stablecoins gives more freedom to people then other cbds projects.
So get your crypto stack it up and head to USA in USA Will be more freedom.
Off course poverty will take over the USA aswell but it will create more opportunities there.
In the next years we probably have situation when USA Will be like tax Free zone like dubai there will be a lot innovation and freedom and people would have more freedom becouse they can use freedom blockchain the btc eth USDT while most of the countries choose very heavy regulated without much of freedom at all cbdc system.

I will allow myself to globally disagree with you.
1. There is a lot of talk about CBDC, but so far there are no real realizations, and it is not clear when they will be. And there are a lot of objective reasons - we need to restructure the financial system and the banking system of the country.
2. "Good for freedom" - diametrically opposite opinion to reality. CBDC is just a mechanism of total control over the movement of money. And just anonymity and freedoms will lose a lot when CBDC is launched. I repeat 100500 times - CBDC is a transition from incompletely controlled financial systems, to fully, totally controlled and managed financial traffic

[Argoo]

CBDCs to me are unstoppable. They're a matter of when and not if. Paper bills and coins will be gone. That's the call of the times. The fast development in technology means cold cash is becoming obsolete. The financial world is turning digital. Although developing countries like mine will take a much longer time to adopt, it will eventually happen.

As a result, Bitcoin becomes more and more relevant. CBDCs mean death of privacy. CBDCs mean death of ownership. CBDCs mean death of freedom of money. Bitcoin is our refuge.

CBDC is just an improved cashless payment system that is completely managed by states and their governments. The level of confidentiality in them will be as much as the states themselves want. But states and their authorized bodies will have complete information about everyone who will use CBDC. There is no death to privacy, property or money from CBDCs because they themselves are non-cash government money.

At the same time, paper money will decrease in the volume of its circulation, but I do not think that in the foreseeable future it will disappear completely. There are many categories of people who will not have access to CBDC for various reasons.

[tjtonmoy]

OP here's the information about USDT, USDC, DAI based on Wikipedia.
USDT: Tether (cryptocurrency)
USDC: USD Coin
DAI: Dai (cryptocurrency)
These are not the property of the United States government. Those companies are owned by different individuals. The government can not seize those properties from them(maybe they can if they want to, but this will create conflicts amongst users and many will not use it). Thus they will have no control over them. If you don't know about this then let me tell you, the US government will never allow the use of something that they can't control. That is the reason why they are creating CBDC. It follows the same fundamentals of cryptocurrency which is blockchain technology but it will be more controlled and the government will be able to do whatever they want with it.
With other stable coins or cryptocurrencies, they can't do that. So there's no reason for them to allow its usage. So how does your post make sense? The SEC will soon come after stablecoins. It's just a matter of time.

[o48o]

Conclusion: all other countries Will be clearly strongly regulated and less market dictating everything USA Will be ruled by the capital and markets more then other countries the USDC and usdt and other Stablecoins gives more freedom to people then other cbds projects.

You can think stablecoins as tokens representing a value of fiat money, CBDCs are that fiat money itself, so they are very much different concept.
And i am not sure where you are getting this idea that stablecoins would give you more freedom then cbdc. Every stable coin is complying authorities. Tether gives userdata to fbi and they are constantly freezing money etc...
Also stablecoins don't have anough liquidity to hold a candle to cbdc

In the next years we probably have situation when USA Will be like tax Free zone like dubai there will be a lot innovation and freedom and people would have more freedom becouse they can use freedom blockchain the btc eth USDT while most of the countries choose very heavy regulated without much of freedom at all cbdc system.

Do you think people in US will want to go in the same direction as dubai? Becoming a tribal autocracy? Human rights violations would go to next level, and most likely so would mass surveillance. Also no more rights for women or lgtb? Flogging and stoning becoming legal forms of judicial punishment? Is that american dream or what you are talking about?

[franky1]

Few up coming cbcd

Countries and their currency projects

USA USD , circle usdc,dai,busd,paxos,usdt

nope.. stablecoins were not made by anyone affiliated/contracted/proposed to a central bank

however look at some of the ideas coming out of "hyper ledger"
look at  things like
https://www.bostonfed.org/publications/one-time-pubs/project-hamilton-phase-1-executive-summary.aspx

[Poker Player]

CBDCs to me are unstoppable. They're a matter of when and not if. Paper bills and coins will be gone. That's the call of the times. The fast development in technology means cold cash is becoming obsolete. The financial world is turning digital. Although developing countries like mine will take a much longer time to adopt, it will eventually happen.

As a result, Bitcoin becomes more and more relevant. CBDCs mean death of privacy. CBDCs mean death of ownership. CBDCs mean death of freedom of money. Bitcoin is our refuge.

It is an optimistic vision of the topic that not many of us share in the forum. Go through other threads and you will see. CBDCs indeed spell the death of privacy but Bitcoin is in more danger than ever of censorship. If you add to that the fact that most people who buy Bitcoin are only thinking about profit and don't care about privacy, using CEX and/or custodial wallets, I'm not that optimistic.

[moneystery]

with the increasing development of bitcoin, governments are becoming more active in developing their cbdc to match or beat bitcoin. they say cbdc products have transaction speed and security that exceeds what bitcoin offers, but does this threaten the existence of bitcoin? that's not it at all.

in fact, the more active the government is in developing their cbdc, the more people will adopt bitcoin as their means of payment. the reason is simple because bitcoin offers freedom, transparency and pseudonymity in transactions, and the government will not be able to interfere with your ownership of bitcoin. that's what makes bitcoin superior compared to cdbc products which are centralized and prone to intervention.

[Darker45]

CBDCs to me are unstoppable. They're a matter of when and not if. Paper bills and coins will be gone. That's the call of the times. The fast development in technology means cold cash is becoming obsolete. The financial world is turning digital. Although developing countries like mine will take a much longer time to adopt, it will eventually happen.

As a result, Bitcoin becomes more and more relevant. CBDCs mean death of privacy. CBDCs mean death of ownership. CBDCs mean death of freedom of money. Bitcoin is our refuge.

It is an optimistic vision of the topic that not many of us share in the forum. Go through other threads and you will see. CBDCs indeed spell the death of privacy but Bitcoin is in more danger than ever of censorship. If you add to that the fact that most people who buy Bitcoin are only thinking about profit and don't care about privacy, using CEX and/or custodial wallets, I'm not that optimistic.

Bitcoin can't truly be in danger of censorship. It resists censorship. People get themselves involved in many things they don't understand or care about. They get themselves censored in one way or another. It's either they learn their lessons or they let history repeat itself. I'm sure the huge majority will embrace whatever currency governments order them to use. CBDCs will be adopted as soon as they're enforced.

Those who "are only thinking about profit and don't care about privacy" might not mind using CBDCs. It's not a problem. But to those who seek an alternative, or when those who are apathetic suddenly realize and begin to shudder at the thought or experience of censorship, Bitcoin will always be there.