I think we’re likely to see a period of time where digital fiats CBDC’s are issued against bitcoin. There’s nothing that bitcoin can do to prevent sovereigns from issuing their own currencies.
Discussion
Would love to see the US go #cashumafia
Are you referring to a btc backed cbdc?
Yes
Cbcd’s are a horrible idea, but from the issuers shoes, I can see the value prop. Come use our hard spyware money it’s better than theirs… could this cascade in to others backing their cbdc with btc to compete?
Is this one of the step changes to btc as reserve currency. So many questions…
Money for enemies comes to mind.