RE: RE: CBDC - Struggle To Protect Central Banks And Fiat System
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RE: CBDC - Struggle To Protect Central Banks And Fiat System

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5y

I'm not against CBDCs either... if they reduce friction for businesses for payments and settlements then absolutely. It still takes so long to transfer money between international banks.

I do think that blockchains will essentially become nation states themselves though. How long will it be before Hive offers everything a nation state does? We have fast transactions, we have governance, we have financial stability, we have people living off this economy, we have yield... and I'm sure it won't be too long before people can pay their groceries and rent with their Hive earnings. I can already do that with crypto.com (they just don't have Hive yet).

@aussieninja: I'm not against | Ecency