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

[target]

Every country will have its own CBDC, I don't think there will be an escape for it since the majority of the people are not into crypto yet. Governments may be struggling to catch up with the technology for now but because banks today are like banding together for the adoption of CBDC, crypto may just be adopting side by side with CBDC.

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[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.

This is the deepest misconception!
CBDC is not a centralized blockchain like Bitcoin or Ethereum. CBDC is a completely centralized system using blockchain technology. And the desire of states to implement this technology is quite understandable - complete control and management of digital currency, without physical contact with the “wallet owner”. Wallet owner in quotes - this is how it will be written correctly after the introduction of CBDC, because this “owner” is not such, “thanks” to the new technologies embedded in CBDC

[benalexis12]

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'm not from the US, but what you said op for me is big nonsense. I don't think that will be the way for what you say is freedom. By the way, where did you get that news, because you didn't even provide a source link to make what you say credible?

Just for me, I don't believe in that matter. There is also no reason for me to go to the US just to experience the freedom you are talking about, because even knowing the country we are in, we can experience the freedom you want to convey.

[Husires]

If the market is regulated, why would you need to use USA USD, circle usdc, dai, busd, paxos, usdt? You can directly convert cryptocurrencies into dollars, as banks and exchange services will work to accept cryptocurrencies since they are legal, or accept Bitcoin, and then there is no need for these Stablecoins unless you use some decentralized stablecoins.
Stablecoins were a temporary solution because converting Bitcoin to cash required several days, but now, using the bank, you can convert to dollars at the same moment or vice versa, and you will not need these currencies. However, if they are not legally regulated, restrictions may be imposed on them and then this will cause them to go bankrupt.

[CRAIC]

Europe: euro

To be more precise, it's called a Digital Euro

A digital euro would ensure that citizens of the euro area would continue to have access to widely accepted, safe and trusted means of payment for the digital age. The issuance of a digital euro should be considered a complement to cash and not a replacement for cash

https://www.centralbank.ie/financial-system/payments-and-securities-settlements/a-digital-euro

[lombok]

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.

This is the deepest misconception!
CBDC is not a centralized blockchain like Bitcoin or Ethereum. CBDC is a completely centralized system using blockchain technology. And the desire of states to implement this technology is quite understandable - complete control and management of digital currency, without physical contact with the “wallet owner”. Wallet owner in quotes - this is how it will be written correctly after the introduction of CBDC, because this “owner” is not such, “thanks” to the new technologies embedded in CBDC

I'm dealing with this. CBDC is a currency that is blockchainized and will be very different from Bitcoin and even cryptocurrencies in general which adhere to a decentralized system. In reality, CBDC will act like a country's fiat currency in general.

OP and other Newbies, don't be fooled by this, it is very misleading if CBDC is equated with cryptocurrencies that already exist today.

[lixer]

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.

CBDC's are centralized, so there is no confidentiality here. Everything is transparent as all transactions are recorded in their own blockchain, just like a typical centralized crypto. There is a death of privacy actually by the time centralized cryptos came out, and add in these CBDC's. But not totally since we can still choose the decentralized cryptos like Bitcoin and then there are still crypto mixing service out there that can make us more private.

Yeah, that's right, paper money will never disappear because there will always be people who prefer them. And it can work as an alternative because an internet or electricity can sometimes be unavailable for us to use a digital currency.

[DrBeer]

....
This is the deepest misconception!
CBDC is not a centralized blockchain like Bitcoin or Ethereum. CBDC is a completely centralized system using blockchain technology. And the desire of states to implement this technology is quite understandable - complete control and management of digital currency, without physical contact with the “wallet owner”. Wallet owner in quotes - this is how it will be written correctly after the introduction of CBDC, because this “owner” is not such, “thanks” to the new technologies embedded in CBDC

I'm dealing with this. CBDC is a currency that is blockchainized and will be very different from Bitcoin and even cryptocurrencies in general which adhere to a decentralized system. In reality, CBDC will act like a country's fiat currency in general.

OP and other Newbies, don't be fooled by this, it is very misleading if CBDC is equated with cryptocurrencies that already exist today.

That’s the whole problem - a substitution of concepts occurs, and a centralized solution for total control of financial flows is passed off as a “free blockchain”. Unfortunately, insight will come very soon, and it will be very unpleasant.
Many people cannot understand a simple axiom - power/state and its financial system require total control and centralized management. And it won’t be any other way, at least in the coming decades... More precisely, until a global change in the paradigm of the state system