Thoughts on the crypto space & Government Digital $. Will non government crypto’s ever take off?

in #crypto4 years ago

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The world is changing fast and has been going more and more digital every year.

Now due to CV it’s being even more accelerated.

China has been in development and is close to integrate NA their digital fiat and now The Fed is seriously working on doing the same.

https://www.forbes.com/sites/tatianakoffman/2020/07/01/senate-moves-closer-to-digital-dollar/#627253917279

This then brings up the question.....

Well obviously bitcoin cannot be truly shut down as it is truly decentralized. Governments very could easily make it illegal or assess major taxes or regulations they would make it impractical to use especially for the average person.

That’s of course well let me not be shut down it may never actually get real adoption or use case either.

With governments wanting to create their own digital currency‘s it would make sense for them to want to destroy the competition.

So well bitcoin is a truly world changing development and a truly decentralized medium exchange in store of value without real world use case will it ever moon??

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