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Yep, they will beg the institution who caused the problems to fix the problem.

My guess is they will destroy the purchasing power of the current usd all the way over the next 10-20 years (at most) then pivot to the “new and improved” cbdc commie dollar token. They will air drop a bunch to everyone and people will actually think it’s great. Until the reality of CBDC’s start to play out, then they’ll realize how trapped they are.

Gary ₿usey 2y ago

Possible. All bets are off, imo. There are just TOO MANY external factors that could affect the implementation of a CBDC. Closer to 10 years, imo. Maybe even sooner.

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Discussion

BTC_P2P 2y ago

Yeah I agree. That’s just my guess and I would think sooner rather than later. Usd network effect is so massive that I think it can take a lot of devaluation on the way to near zero though.

Gary ₿usey 2y ago

Maybe this chart can offer some indication on how quickly it will get devalued. Wild! 👀

https://www.x-rates.com/graph/?from=USD&to=GBP&amount=1

https://www.x-rates.com/table/?from=USD&amount=1

Gary ₿usey 2y ago

I don't know why the link did that.

https://www.x-rates.com/graph/?from=USD&to=GBP&amount=1