RE: What A Difference A Year Makes In The Life Of Cryptocurrency

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This year was amazing for crypto.

I'm still afraid of CBDCs, as I love my untraceable cash, even if it is fiat. I hope that crypto will establish as an alternative to CBDCs. I don't want the state to know everything I buy with my money. It is not for them to know the brands I use for my toilet paper for example. China controls is citizens with it for example. :)

We will have a lot of challenges in the future, but most are positive and will be towards a positive outcome.

Thanks for sharing

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The state already knows most everything we buy since most purchases around the world are digital in some form.

Plus with crypto, they are already developing tracking devices.

The biggest thing that scares me about CBDC is that it is too easy for them to go negative with interest rates.

It is one thing to know the transactions, it is even worse if they can take 2% a year from your account.

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The biggest thing that scares me about CBDC is that it is too easy for them to go negative with interest rates.

This is why liquidity needs to be private. I keep very low cash on my accounts, as money needs to travel. Of course a certain liquidity is needed, but besides this everything is spent and invested, just to avoid another future tax on my earnings.

!ENGAGE 20

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