Fed Chair: Cryptocurrencies would "certainly" go to zero if the US launched a CBDC.
The only solution, the only way out of this debt problem is to raise the debt ceiling to take on more debt so we can get out of this debt problemβ¦
π€·ββοΈ
Discussion
Iβll take the other side of this trade
He says they'd go to zero because he knows that when Big daddy government makes their own "crypto" then they'll try to outlaw Bitcoin and cryptocurrencies.
He says they'd go to zero because he knows that when Big daddy government makes their own "crypto" then they'll try to outlaw Bitcoin and cryptocurrencies. #[0]
Imagine a future where the government sees you using their CBDC to buy Bitcoin... They can cut that shit off. What would we buy Bitcoin with if a CBDC were in place to replace the current USD. Would we then be trading goods on the black market for Bitcoin? #[2] #[0]