1. Pandemic
2. Print money and lower rates
3. Stop money printing and hike rates
4. Print money and stop rate hikes
5. Print money and lower rates
6. Hyperinflation of The USD
7. Debt gets worthless
8. «Fresh» start with a CBDC
9. People lose trust in CBDC
10. #bitcoin Standard
Do you think the CBDC cycle will be as long as the dollar cycle?
It can’t be with a solution right they’re out in the open, one more thing, but who knows.
Another question would be how the losing of trust would come about.
Purchasing power is most likely. The privacy aspect doesn’t seem to bother people much.
