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RE: The Argument Over Bitcoins Value

in LeoFinance7 months ago

Basically I agree with what you say, my only doubt in the medium to long term future about the BTC is that it will happen when central banks switch to their own cryptom currencies which can basically function as the BTC in the sense that they send themselves immediately and unexchangeable, "stable currency" values. At that point I do not know how the BTC will react, it may become a permanent store of value or be replaced by country-backed currencies.

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I don't see a problem with CBDC's they won't all be created equal, some may be programmed not be swaped for bTC but then all you do is swap it for a CBDC that does, so if I have USD I by CHF and then BTC

Stable coins are also coming to BTC next year with OMNI you can check my previous post on that, so you'll get different types of stable coins, backed, CBDC, algorithmic and collateralised and it will all be used for different reasons

I don't see that as a threat to BTC at all

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