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Politicians talk about cryptocurrency and then they move on to talk about CBDC. They are more interested in talking about Central Bank Digital Currency (CBDC). So how do you feel when you hear about CBDC?
They say things like everything will be more transparent, fast, and efficient with CBDC. This is good. But the question is, this is good for whom? The general people or the centralized authority. They can see everything that you do with your money and they can put restrictions easily. You may not have the control and freedom that you have now. Cryptocurrency can be an alternative to take control and enjoy freedom. When CBDC launches, it may drive more people to get into crypto. The central authority will do its best to suppress cryptocurrency.
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