Sunday, 31 October 2021

Fiat is dead

Fiat system will migrate into a cbdc complex system. I think for few years there will be like a Cold War between CRYPTO (BTC,BCH AND OTHERS) vs CBDCs. I think the governments will find subtle strategises to mantain their power on financial system for 2/5 years by now. I guess this period will be named in history records as “the transition” era or something similar. Power will gradually migrate from governments > private companies > individuals in this order. What do you think ?

submitted by /u/SatoshiNakamotoWife
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source https://www.reddit.com/r/btc/comments/qj91p4/fiat_is_dead/

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