As you know basically Bitcoin is created to move money or value globally without the intervention or influence of any corganization like banks and governments, but as time passed so many other cryptocurrency projects are started and cryptocurrency coins and tokens are created and they also give option to move money or value globally
Currently there are hundreds of cryptocurrency coins and tokens available in the market you can use any coin or token to move money or value globally like XRP, XLM and Litecoin, but we have to check are these cryptocurrency projects are decentralized and not influenced or controlled by any organization or person same as Bitcoin
Unfortunately there are so many cryptocurrency coins and tokens are available which are not truly decentralized and these are controlled and influenced by some organizations and persons like their founders and Creators
Remember Only a fairly lounched, distributed and community owned cryptocurrency is a decentralized cryptocurrency like Bitcoin, digibyte and Litecoin etc are decentralized cryptocurrencies which are created to empower there users to send money globally anonymously and freely , if any cryptocurrency is controlled by any organization or person like XRP, XLM, Luna etc, then what is a difference between CBDC Central Bank digital currency and these centralized cryptocurrencies ?
So my point is we have to stay with the basic concept of cryptocurrencies and why it created we should support it because we need it badly especially when CBDC centerl bank digital currencies goes mainstream we need decentralized cryptocurrency as an alternative of CBDC, if these centerlized cryptocurrencies market share and uses increased then the decentralized cryptocurrencies it will definitely harm over all cryptocurrency industry
I personally think we should support and promote truly decentralized cryptocurrency projects which empower us with freedom to transfer hundreds and thousands of dollars anonymously and freely like hive, hive is one of the most decentralized cryptocurrency in the world and I don't think any organization and person can control or influence hive coin price that's why I love to be part of Hive blockchain community, hive is truly community owned cryptocurrency project
Thanks for reading please consider reposting and upvote if you like this article you support will be really appreciated