Sadly, unlike El Salvador, shitcoins will be equal side by side with Bitcoin.
Bitcoin is not crypto and crypto is not Bitcoin. Crypto is only about shitcoins that want to siphon your money away from you. Bitcoin is all about fixing the money of the world. This is a difference that you should learn about if you haven’t already.
By now, the pieces of their puzzle are being set. What seems emerging from our government is nothing more than a centrally controlled CBDC. These by default run absolute customising controls allowing them to apply different interest rates to each person, even a negative one, or even to apply time limits to this currency!
After being continually lectured by our governments that digital payments should be left to the thieves, scammers, and criminals, and now they’re presenting to us exactly this.. except that it’s even far worse? Now, to say the very least, what does this tell you about the nature of our world governments?
The main concern they always voiced was “the protection of citizen’s deposits”, yes, for them to steal. I will never be interested in any CBDC.
With Randa and Tey