RED ALERT! The Fed Just Asked for OUR Feedback on a Central Bank Digital Currency (CBDC). TELL THEM NOOO!!!!!!
(www.youtube.com)
👀 EYES ON! 👀
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Bitcoin is a store of a value and doesnt compete with the dollar. It will remain so even with a CBDC
I'm more confident of Bitcoin than I am the Fed that's for sure.
But even more so confident in Cardano, research that one.
Yeah they can enact Executive Order 13818 but NOTHING can take control of your crypto wallet unless they have your seed phrase. I can guarantee you the government doesn't have control of your crypto wallet or they would've already drained it. This is why I like crypto, what is in my wallet and off exchange is mine and nobody can take it from me.
Same can be said of Gold...when everyone starts to agree that something is valuable then it becomes regarded that way. BTC has been the best performing asset of the last 10 years. BTC will be a store of value for years to come
Doesnt need to be tangible to have value and sure you can use gold for circuit boards and jewlery but thats not why people buy it...they buy it because everyone agrees its valuable. Plus there are many other cryptos that actually provide use-case value like smart contracts. You clearly dont understand what BTC is...and i dont say that in a condescending way, Im just encouraging you to take a deeper look. Theres a reason BTC has continued to increase in value because more and more people have come to realize what it is and what it offers. This is why you are now seeing poor countries like El Salvador making BTC legal tender and other countries considering to do the same because they realize what BTC can do. This is why many hedge funds are starting replace their gold investments with BTC. Adoption of BTC and other use-case cryptos will only continue from here.