Cryptocurrency Regulation Is A Flaw - CBDCs will Prove that
Much like coins, that's physically held silver coins that haven't been fully abandoned by certain nations, Fiat likely is not going to fade away in the eyes of the addicted nincompoops who just love going old fashioned, when the world has leveled up. If you're thinking if there's any country still much into coins as per payments methods, then I think Mexico is. This points to the direction that value will always be in the eyes of the beholder, much like addictions, Fiat has always been backed by the world's faith in it.
People have expressed fears when it comes to the future of cryptocurrencies, believing the government (who are humans, supposedly working for the betterment of the people) will go full crack down on it. Change is something constant so long as the world is concerned, human intervention can not actually stop change from making amends and giving room for new solutions to be built. Crypto being a solution to quite a lot of financial detriments, will stand and dominate unopposed in time.
I'm sure we all know the "History Of Money" so if it has an history which it has lived through, constantly changing to a new form, then developments plays a greater role in what the world adjusts to. CBDCs tend to be the best way out of already lost power, the governments of the world think so. Certain nations may be acting crypto friendly until you realize they all just want to issue their own cryptocurrencies. This will be successful, more and more projects will be launched, both individually managed and government managed projects centered on cryptocurrency, it's basically inevitable. Cities of the world will gain exposure to blockchain technology, Mayors and governors will enjoy temporary praises, the crypto army will entertain their short term enjoyment, then, people will get to realize they are conspiracies surrounding government issued cryptocurrencies. I'm not even talking CBDCs when I say government issued cryptocurrencies, CBDCs are of the central banks, their aim will be to control money supply once again, but City runners aims will just be to own large portions of issued government coins, where investors will dive in, it will experience an increase and they will print debts from huge sell offs.
When we are dealing with money, we should always try to remember that it's money, so definitely, someone is plotting to have most of its values. When the government tries to regulate digital money, they will succeed because they issue them. All wallets will be on watch, DeFi will don't be an option in such system, there will be nothing but the old damn system of debt slavery. What do you think a digital dollar will look like? Well, I expect it to not have a max supply, yes, if the treasury or government owned wallet runs out of it, there will definitely be a way to mint more, in fact, they cannot actually run out of it.
These days, TED Talks seem to be an even better way to get to know celebrities than late-night talk shows. Adam Driver, a.k.a. Star Wars‘ Kylo Ren, reveals that before he got into show business, he served as a United States Marine.
In addition to wielding a lightsaber on screen, Driver is the founder of a non-profit called Arts in the Armed Forces. In the talk, the Marine-turned-actor explains that, “Self-expression is just as valuable a tool as a rifle on your shoulder.” The presentation even includes a bonus performance of “I am not Batman” by Jesse J. Perez and Matt Johnson.
10 Must-Watch TED Talks That Have the Power to Change Your Life
Yep, I just embedded that shit:)
Crypto is giving power to the people to create value, not a single entity being a nosy watchdog. People will become expressive, war may just be inevitable but hear me when I say I wouldn't be surprised if physical arms won't be involved. It's gonna be a digital war in a digital pushing world. Who's got the most tech guys? The hackers? Mad ass developers? Fuck it, this isn't the oil industry and the government has no weapons to create fear that will disable this systems function. The failures CBDCs will incur will be proof that crypto isn't an asset up for regulations. If the government thinks regulating crypto will stop crimes and people buy that shit, then I'd say they all full of shit. Nothing is going to stop crimes, from day 1 it was and till the last day, it will be.
This is magic money, and no one knows magic better than the wizards who practice this. The government ain't no magicians and they have nothing but lizards on they side and as such, can't regulate crypto, fun fact…
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