Chinese 🇨🇳 Central Bank is ready to expand their CBDC (Digital Yuan) to new regions from January 2023.
Are the central banks and governments around the world underestimating the impact #Bitcoin is creating or they are too ignorant to pay some attention?
Too ignorant. Most think bitcoin is internet play money and the CBDC is the future. And for most people, they won’t know or see the different in what their banking looks like now and a CBDC, which is scary.
I think bitcoin is unfolding the crimes done by the central banks and governments to the humanity. And we are not far from the time when everyone understands and the whole fiat financial system becomes irrelevant with all their newly labels products called “CBDCs”.
