I do believe this is the path forward. Crypto is still very misunderstood by a lot of people including in our community here. I don’t pretend to be an expert by any means but it’s very easy to see how crypto gives people control of their own finances and eliminates the need for central banks. Why do you think the government is trying so hard to shut it down? Part of the language in the legislation involving the CBDC is that states who implement will not be able to accept any other type of digital currency. I highly recommend listening to Rugpull radio from Badlands media. It’s opened my eyes even more to how crypto can and should be the way forward.
For the time being cash will still be used but it’s hard to imagine a future with it. We are living in the digital age and I think eventually all financial transactions will be digital as well. Regardless I agree that digital assets still need to be backed by physical gold and silver
I do believe this is the path forward. Crypto is still very misunderstood by a lot of people including in our community here. I don’t pretend to be an expert by any means but it’s very easy to see how crypto gives people control of their own finances and eliminates the need for central banks. Why do you think the government is trying so hard to shut it down? Part of the language in the legislation involving the CBDC is that states who implement will not be able to accept any other type of digital currency. I highly recommend listening to Rugpull radio from Badlands media. It’s opened my eyes even more to how crypto can and should be the way forward.
So no cash?
For the time being cash will still be used but it’s hard to imagine a future with it. We are living in the digital age and I think eventually all financial transactions will be digital as well. Regardless I agree that digital assets still need to be backed by physical gold and silver