Ultimate Satoshi on Nostr: 18. Bitcoin and Central Banks: A Duel of Influence Bitcoin has elicited mixed ...
18. Bitcoin and Central Banks:
A Duel of Influence Bitcoin has elicited mixed reactions from central banks around the world.
Some, like China, have reacted with harsh bans, while others, like the US and EU, are taking a more cautious approach, recognizing its potential while seeking to regulate it.
Meanwhile, some central banks are exploring the creation of their own digital currencies (CBDCs).
The question remains whether these state-owned digital currencies will be able to compete with Bitcoin, or whether they will simply become another tool in the traditional financial system.
The duel between Bitcoin and central banks is far from over.
#bullishbounty #bitcoin #btc
#nostr #zap #zapathon
A Duel of Influence Bitcoin has elicited mixed reactions from central banks around the world.
Some, like China, have reacted with harsh bans, while others, like the US and EU, are taking a more cautious approach, recognizing its potential while seeking to regulate it.
Meanwhile, some central banks are exploring the creation of their own digital currencies (CBDCs).
The question remains whether these state-owned digital currencies will be able to compete with Bitcoin, or whether they will simply become another tool in the traditional financial system.
The duel between Bitcoin and central banks is far from over.
#bullishbounty #bitcoin #btc
#nostr #zap #zapathon