/biz/ - Business & Finance

This is unironically how most coins go to zero

why would I put all of my savings in a digital US Dollar vs Bitcoin? nobody will, a digital dollar is purely an expansion of government power and the surveillance state

动态网自由门 天安門 天安门 法輪功 李洪志 Free Tibet 六四天安門事件 The Tiananmen Square protests of 1989 天安門大屠殺 The Tiananmen Square Massacre 反右派鬥爭 The Anti-Rightist Struggle 大躍進政策 The Great Leap Forward 文化大革命 The Great Proletarian Cultural Revolution 人權 Human Rights 民運 Democratization 自由 Freedom 獨立 based Independence 多黨制 Multi-party system 台灣 臺灣 Taiwan Formosa 中華民國 Republic of China 西藏 土伯特 唐古特 Tibet 達賴喇嘛 Dalai Lama 法輪功 Falun Dafa 新疆維吾爾自治區 The Xinjiang Uyghur Autonomous Region 諾貝爾和平獎 Nobel Peace Prize 劉暁波 Liu Xiaobo 民主 言論 思想 反共 反革命 Ai Wei Wei 抗議 運動 騷亂 暴亂 騷擾 擾亂 抗暴 平反 維權 示威游行 李洪志 法輪大法 大法弟子 強制斷種 強制堕胎 民族淨化 人體實驗 肅清 胡耀邦 趙紫陽 魏京生 王丹 還政於民 和平演變 激流中國 北京之春 大紀元時報 九評論共産黨 獨裁 專制 壓制 統一 監視 鎮壓 迫害 侵略 掠奪 破壞 拷問 屠殺 活摘器官 誘拐 買賣人口 遊進 走私 毒品 賣淫 春畫 賭博 六合彩 天安門 天安门 法輪功 李洪志 Winnie the Pooh 劉曉波动态网自由门 Umbrella protests Extradition Law 纸老虎 Hong Kong protests 李文良医生 Democracy won the Vote 习近平的阴茎很小。 每天晚上,在上床睡觉之前,他都会吞下几加仑的非裔美国人的阴茎汁。它充满了他的胃,使他忘记了自己难以置信的小阴茎。还有,他妈的中国,台湾第一。

>>22246719
How will they transfer that digital dollar?
Xrp

noone cares about your digital dollar burger people

>>22246958
no. 90% of dollars are digital already and do they need xrp? no

>>22246862
All the NPC normies will, since there won't be a choice. It's still incredibly bullish for BTC.

do you really think these crusty assholes are going to create some digital system that isn't flawed? the only tech the us government is good at financing is centered on destruction

>>22246862
you won't have a choice you fool. All exchanges will have to be done with by via digital dollars. If you try to cash out your bitcoin, they'll flag the exchange and the goverment will know you own crytpo, which will be helpful for them to arrest you when they make it illegal

>>22246719
>The USD is so fucked that the fed is trying to just create another currency

>>22246958
I rushed to the thread to write "inb4 xrp"
fuck these eternal bag holders are quick
pfhahahahahahahahahahahaha

>He doesn’t know.

>>22247136
Maybe

>>22247294
That's a fake Chinese USD. No the same thing.

>>22246719
>he doesn’t know this is bullish for btc
ngmi
https://m.youtube.com/watch?v=jfx7PnMtCeY

>>22247103
Yep and we all know routing and account numbers is SUPER secure....fucking retard

>>22247110
Yeah BTC isn't for day to day transactions. It's a call option on the future. Hedge against inflation. Why hold dollars that the Fed can debase endlessly vs the hardest money in human history.

>>22247144
Bitcoin will never be illegal. Open source code is free speech (Bernstein v. Department of Justice). The implications of violating the first amendment by banning Bitcoin are far too extreme.

>>22247371
ah yes because I buy my coffee every morning with my routing and account number. go back to plebbit newfag

>>22247613
if you use a debit/credit card then that is correct

>>22247332
they're gonna cut corners every step of the way

>>22246719
>USD Gov. backed digital currency
>Gives 100% credibility to all crypto
>Crypto is dead
Kek

>>22246719
That would legitimize crypto even more retard.

>>22246719
If you think that having a crypto dollar is going to kill Bitcoin, or other digital assets, you are mistaken
Just the opposite
Who is going to hold a digital representation of a piece of paper, if they can just as easily hold and use, something that appreciates in value.
Literal kek
They are going to have to build it using a gold oracle, leaving linkies rich.
But even when they do, gold still won’t appreciate as efficiently as Bitcoin. Government money is dead.

>>22247936
>>22247802
>>22247757

>>22248028
Can you not read?
Who is going to store a fucking crypto dollar that based on paper money when they can hold fucking bitcoin, or crypto gold, or anything thing else
Literally anything else.

>>22248095
Maybe all the people selling their crypto right now?

But it's not me you have to convince. Keep buying your digital gold. Conveniently, it's getting cheaper every second! You can buy tons of it

>Crypto is dead
If I had a dollar for every time I've heard that over the years...

>>22248193
Crypto is still somewhat speculative
Assuming we get to the level where a blockchain based digital dollar can be used just as easily as cash, or a debit card, then my point is valid
So tell me anon, are you going to hold digital paper money, that suffers from inflation, rather than something that appreciates in value?
Fucking moron

>>22246719
that photo is unironically bullish for btc

Article implies it's going to be on distributed ledger technology, it could literally be Feds own dollar stable coin.

>>22246719
>Digital dollar
no

CBDC can only happen after regulation. This only kills pajeet-tier scamcoins. Anyone invested in the cryptospace for long term is incredibly early.

>>22247525
you are running on a false assumption that the first amendment will still be a thing in the near future. it already isn't a thing kiddo.

>>22248529
I'm already prepared for that plenty guns and ammo in a red area. Good luck commie

>>22247525
I agree with that guy. It'll basically be NPCs vs the rest of us. You either entirely sell your freedom, or leave the system. There won't be easy jumping between crypto and digital government issued currencies.

>>22248095
This! Nobody wants a crypto dollar. I'll just trade them for any OG crypto thanks.

>>22248095
It’s useful to airdrop money to the underbanked.

>>22248409
uhhh, you misspelled xrp

>>22246958

SCOTTY

>>22247144
>you won't have a choice you fool. All exchanges will have to be done with by via digital dollars.

What fucking bullshit. I'm sure the KYC less exchange whose servers are based in China, whose team are located all over the world and which doesn't have any office tying them to a particular jurisdiction will never adopt this as a policy.

ok so according to schizos itt digital usd inception is equal to all crypto getting banned. care to explain why? because to me it looks like, other than making it harder to avoid taxes upon cashing out big sums, this is not bad news at all. im not a mutt though and we don't get letters from local IRS to report all txs when trading crypto, it's just FIAT in FIAT out that's taxable

>hedge funds and institutional investors all opening up programs to get into crypto
>crypto is dead

FUD

the point of crypto is and was to have a currency outside of the control of the state. it is more than just digital money.

>>22246719
one of the most jewish posts I've ever read

>>22250484
just because state creates their own digital coin doesn't mean all digital coins are under state's control all of a sudden

Bug people not welcome today
动态网自由门 天安門 天安门 法輪功 李洪志 Free Tibet 六四天安門事件 The Tiananmen Square protests of 1989 天安門大屠殺 The Tiananmen Square Massacre 反右派鬥爭 The Anti-Rightist Struggle 大躍進政策 The Great Leap Forward 文化大革命 The Great Proletarian Cultural Revolution 人權 Human Rights 民運 Democratization 自由 Freedom 獨立 based Independence 多黨制 Multi-party system 台灣 臺灣 Taiwan Formosa 中華民國 Republic of China 西藏 土伯特 唐古特 Tibet 達賴喇嘛 Dalai Lama 法輪功 Falun Dafa 新疆維吾爾自治區 The Xinjiang Uyghur Autonomous Region 諾貝爾和平獎 Nobel Peace Prize 劉暁波 Liu Xiaobo 民主 言論 思想 反共 反革命 Ai Wei Wei 抗議 運動 騷亂 暴亂 騷擾 擾亂 抗暴 平反 維權 示威游行 李洪志 法輪大法 大法弟子 強制斷種 強制堕胎 民族淨化 人體實驗 肅清 胡耀邦 趙紫陽 魏京生 王丹 還政於民 和平演變 激流中國 北京之春 大紀元時報 九評論共産黨 獨裁 專制 壓制 統一 監視 鎮壓 迫害 侵略 掠奪 破壞 拷問 屠殺 活摘器官 誘拐 買賣人口 遊進 走私 毒品 賣淫 春畫 賭博 六合彩 天安門 天安门 法輪功 李洪志 Winnie the Pooh 劉曉波动态网自由门 Umbrella protests Extradition Law 纸老虎 Hong Kong protests 李文良医生 Democracy won the Vote 习近平的阴茎很小。 每天晚上,在上床睡觉之前,他都会吞下几加仑的非裔美国人的阴茎汁。它充满了他的胃,使他忘记了自己难以置信的小阴茎。还有,他妈的中国,台湾第一。