I'm of two minds on the transition. I don't think either has to happen quickly. I do think at some point there will be a rush to compete for our bitcoin.

I believe, though, that most people will either get stuck in a cbdc of some sort or a limbo created by stablecoins that push the collapse out a few years, and while not preventing it, leads to a more comfortable ending for most people.

Reply to this note

Please Login to reply.

Discussion

Agree on the CBDC risk.