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CBDCs will fail, privacy cryptocurrencies will win, part 2Return to homeWhenever I bring up cryptocurrencies when talking to the gold-boomers, I’m being asked “If you view CBDCs as a total scam, then why do you trust crypto then? Isn’t that like a double standard? derp” Ultimately, there are 3 types of non-physical currencies: slave currencies I mean CBDCs (digital yuan, digital dollar, digital euro, digital yen etc), cryptocurrencies (technically only Monero and Dero, because the rest is trash anyway), and scam coins (Squid Coin, Shiba Inu, Iron Fish, technically CBDCs too, but those already have a category). As you’d expect, scam coins are run by scammers. By holding currency, you’re siding with the side that controls it, and gold is no different considering you need to dox yourself in order to buy some. But if I had to choose between siding with the scammers, the government, or anonymous hackers and the free market, the choice is very easy: anonymous hackers and the free market. |
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