Monday, 25 October 2021

BCH will be the first crypto to face off a Central Bank Digital Currency

The Nigerian central bank announced they will launch their CBDC tomorrow. I think many of us here understand why this is important regarding freedom. The majority of us believe in Satoshi's vision for a free financial system not controlled by the state or banks.

Bitcoin Cash is used daily by merchants and consumers all around the globe which includes, of course, Nigeria. This is probably the first time a real cryptocurrency built to free people will fight against the opposite technology built to enslave them.

If Bitcoin Cash succeeds in that mission (i.e Nigerians not bowing their heads to this controlled e-coin) then we will have both the proof of the power cryptos have against these entities and also the proof that BCH is one of the best currencies out there.

Remember, El Salvador forced its people to use BTC/LN ;D

Source: https://www.reuters.com/business/finance/nigeria-launch-digital-currency-monday-central-bank-says-2021-10-24/

submitted by /u/MrFatio
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source https://www.reddit.com/r/btc/comments/qexjm1/bch_will_be_the_first_crypto_to_face_off_a/

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