Are you hodling. I'm about to give up.

[Anonymous No.52644807]

How long before CDBC takes over? The government isn't giving up and we might need a central regulatory body soon considering recent events.

[Anonymous No.52644915]

>>52644807
CBDC will fail. This is 2022 and decentralisation is here

[Anonymous No.52644969]

>>52644807
Although it may defeat the objective of decentralization, regulation is still necessary.

[Anonymous No.52644988]

>>52644915
Are you saying CBDC pose as threat to crypto

[Anonymous No.52644995]

>>52644807
takes over in terms of just the currency that everyone uses? Or takes over crypto?

As for how long, that will be at least a couple of years before laws are written out, agreed on, enacted, etc. etc. And I think it's very likely this will happen.
i don't think a future without crypto exists nor that they're mutually exclusive. i think of crypto more as a commodity

[Anonymous No.52645010]

>>52644988
Does it not? If the government manages to impose that, they'd easily ban crypto.

[Anonymous No.52645011]

The government will never go away. There are so many people who are simply dumb enough that they would just lose their money in a system where government isn't holding their hands. Also all the people who feel that they are too busy for to take care of everything themselves. Sure a decentralized system as an alternative to the government would be nice, but 50% of people are too dumb to survive in such a system and will call for government to help them forever. Maybe two systems living in harmony would be the solution.

[Anonymous No.52645023]

>>52644995
>nor that they're mutually exclusive
I think they're actually mutually exclusive. Crypto is about decentralisation, is it not? But then fait keeps losing value and it's only a matter of time before users find an alternative.

[Anonymous No.52645028]

>>52645011
>50%
Try 90%. There's a reason every single utility website you have to sign up for has 16 different password requirements as well as 2 mandatory 2 factor authentication and will reject your password if you're even missing just 1 of their tedious nonsensical requirements.

Because grandma will give out her social security number and all her passwords over the phone to some pajeet who barely speaks english.

[Anonymous No.52645044]

>>52645028
Well yeah, the point still stands that the system dreamed by libertarians is a pipe dream made by autists who can't understand that majority of people aren't as smart as they are. And no, all the dumb people simply can't be killed or made to suffer horribly.

[Anonymous No.52645078]

>>52645010
Most widely use crypto are likely to benefit from CBDC regulation this is why i think adoption is a necessity and I'm enthusiastic about platform promoting it

[Anonymous No.52645085]

>>52645044
>And no, all the dumb people simply can't be killed or made to suffer horribly.
WEF aims to do exactly that, though.

[Anonymous No.52645096]

>>52645085
>unironically believes the most simple conspiracy theory available

You are one of these dumb people.

[Anonymous No.52645112]

>>52645023
The whole thing is leaderless, but look where we are now.

[Anonymous No.52645146]

>>52645096
We've so many dumb maybe you too. Nothing is multiplying anytime soon, we're still hugging the bears. The best is to keep accumulating some low caps and at discount

[Anonymous No.52645196]

>>52645023
Good point. I think if I were the State and everyone suddenly started using some other currency than my own I would be very concerned. I do see crypto existing alongside cbdc's though because if everyone flocked to an alternative, it would just become regulated. in the USA at least the commerce clause gives the federal government power to do that. And if that happened then the State would still want a cbdc because the technology is just so good for them. I don't see the opposite happening though: people leaving crypto entirely for fiat. there's just so much money to be made in the business. and it's for that reason i don't see an outright crypto ban either.

[Anonymous No.52645216]

>>52644915
No it will be bifurcated systems. Either you understand how to manage self custody and control your own keys to use DEFI in various ways or be a victim to the CBDC authoritarian control measures.

CBDCs will mostly start out as funding for free gibs/government/social security etc.

If you understand what you are doing then you will be able to work around it.

These people just want control over what they believe are the low IQ profane masses. The elites always have systems and processes that exempt themselves.

[Anonymous No.52645224]

>>52645096

Its Revelations Method. They have been telling people exactly what they are doing for years and the majority of people go along with it willingly.

You shouldn't be pointing fingers at others clearly.

[Anonymous No.52645228]

>>52645078
Benefit how? Via payment gateways? Even that is defi.

[Anonymous No.52645248]

>>52645196
I suppose you have some point there. Crypto and fiat will always exist side by side, so long as paper money is used for transactions. The government wants to impose digital currency cos they can't control fiat devaluation, and they're scared of the power crypto wields.

[Anonymous No.52645260]

>>52645216
>If you understand what you are doing then you will be able to work around it.
They'd likely impose more withdrawal taxes on crypto users if they fail.

[Anonymous No.52645270]

>>52645228
Yeah via payment with crypto. When I mention crypto payments, you taught of popular coins like Btc and Eth. No, there are popular ones that have value and a large community of users who use them for crypto payments.

[Anonymous No.52645314]

>>52645248
I don't this is feasible because the technology involved denies governments the ability to wield central control over transactions.

[Anonymous No.52645315]

>>52645260
>>52645260

They aren't failing. I just told what is happening. There will be two options and you either understand how to use them or you don't.

Most people don't understand self custody and honestly are really able to do it effectively regardless of much information is available.

Its not likely because the elite will be using crypto and self custody so it will be the favorable method.

You don't understand what is happening here.

Taxes will continue to be the same as they are for regular stocks and securities.

If anything it might get even better because most people will be subject to the effects of CBDCs

Negative interest rates, blocked purchasing or allotments of certain goods, complete tracking of everything you buy combined with a digital ID all programmed into the CBDCs

[Anonymous No.52645323]

>>52645270
These are the most popular ones with the biggest community army. WTF are you saying again? Another thing worth considering is how volatile the crypto market is. I believe this is what is keeping merchants from integrating the system.

[Anonymous No.52645324]

>>52645315

Your carbon foot print tallied and attached to your digital ID as well.

[Anonymous No.52645433]

>>52645323
Fuck. I think those are ideal for long-term HODL with a functional product, and also deflationary with long-term viability should be the deal

[Anonymous No.52645491]

>>52645270
I suppose you mean projects that have gateways already built? Coti and CryptoXpress have that, don't they? How will they change anything?

[Anonymous No.52645502]

>>52645323
Merchants still go through cefi to get to defi. There isn't getting rid of either, at least for now.

[Anonymous No.52645568]

>>52645502
I'm not saying the contrary. Do you think they still believe in the system considering what FTX did that tanked the price? Even the supposed stables are not safe anymore. The space lacks transparency, and we keep calling for mainstream adoption.

[Anonymous No.52645584]

>>52645433
Are you on weed? Pleb are here.
You sound more like a bot. Kek

[Anonymous No.52645633]

>>52645491
You'll probably concur with me when I say that adoption is rising. I suppose we will be able to fly if their trends should begin. Currently, patience is crucial.

[Anonymous No.52645656]

>>52645584
A bot can quickly spot another bot.

[Anonymous No.52645667]

>>52645568
That will blow over eventually. Like I always say, careful what you wish for. Regulation may not go as smooth as it looks. Decentralisation has its perks as well as the downsides.

[Anonymous No.52645676]

>>52645633
That just might solve the problem since those gateways are basically cedefi. A win for everyone.

[Anonymous No.52645881]

>>52645491
tbf, crypto actually started off as an alternative payment system. it seems we lost the script. maybe these projects would help out with that.

[Anonymous No.52646190]

>>52645667
You have a fair judgment on this, which I find quite cool. If regulation can come in, it may, in a way, restore that lost hope and confidence. Those NPC Wajok have done their worst. We are starting over.

Following the debacle, I doubt if NFt and Metaverse still have a future in this industry. I might be wrong, but I don't give a fuck.

[Anonymous No.52646197]

>>52645676
A win yeah, the fact that user wallets are non-custodial, gives them more control over their assets.

[Anonymous No.52646256]

>>52645633
Adoption is rising but crypto is really struggling. However, after the bear market is over, it would be a different story

[Anonymous No.52646303]

>>52646197
They appear to be prepared for action based on the developments I'm seeing on their network. I heard that Portugal would start taking crypto soon thanks to a payment gateway.

[Anonymous No.52646350]

>>52646256
I wish many cities and countries would take the steps El Salvador and Lugano have taken. With this, we can witness adoption; definitely, price movement will follow swiftly. But the whole stuff is BS and a shitshow.

[Anonymous No.52646363]

>>52645433
After this whole debacle, I think the only way many tokens can save themselves would be by a token burn

[Anonymous No.52646451]

>>52646363
that will help reduce the supply and, in a way, create some stir and attention. Come to think of it, many projects are not ready for that considering the state of the market.

[Anonymous No.52646694]

>>52646350
This would take time to achieve. But one thing is certain. As we have already started, it's only a matter of time before it spreads to the rest of the world

[Anonymous No.52646703]

>>52644807
Very easily holding. Might have to sell a little more brypto to get through Christmas but I'll be aiight dawg yaheardme

[Anonymous No.52646708]

>>52646451
The market situation makes it more difficult to make plans. I've been tempted multiple times to sell. I'd just stick to holding.

[Anonymous No.52646722]

>>52646703
Christmas probably gonna suck for me. Not risking selling any single token of mine. I've come too far to fumble the bag

[Anonymous No.52647132]

>>52644807
You can if you choose to. Many will come back in the bull run but for now I just keep playing board games with my family while I keep up with the market. Scene It is a good game to play.

[Anonymous No.52647162]

>>52646722
Just don't sell the bottom. Might be a fool to do that.

Find new promising tokens to add. Gaming projects are good and might be the next hyped in the bull. Waiting for gstar to launch

[Anonymous No.52647465]

>>52646256
Onchain privacy and safety of assets will be major drivers of crypto payment adoption

[Anonymous No.52647639]

>>52646694
It won't come in handy as much as you think, because there are many non-crypto-friendly countries that want to halt the entire move.

[Anonymous No.52647647]

Please give up now so that I can have your cheapies. Thank you.

[Anonymous No.52648177]

>>52647639
Some of the countries that are crypto friendly were not friendly before. I know it's a marathon not a sprint. So, I'm taking it one day at a time

[Anonymous No.52648253]

>>52647465
Privacy is a hot topic. But I think a lot of people are misusing it commit nefarious acts. It'd probably make money laundering easier too.

[Anonymous No.52648955]

>>52648177

Indeed, it's a marathon. I hope it comes as expected, even if it takes ages. Kek

[Anonymous No.52649000]

>>52646708
If that works for you, why not stick with it rather than following someone else's strategy? It's best that you do what best fits your taste. We are all plebs here with zero IQ.