Will widespread CBDC adoption be bullish for Bitcoin?

[Anonymous No.54295993]

Monero made its first appearance on normie feed some 6 months ago.

https://www.reddit.com/r/CryptoCurrency/comments/xorhrh/monero_xmr_is_featured_in_the_netflix_show_the/

[Anonymous No.54296054]

>>54295993
No. Normies will love CBDC and eventually everyone will accept it without a single shot fired

[Anonymous No.54296082]

Bitcoins first appearance on normie feed was 11 years ago. Bitcoins price then was 3.00
https://www.youtube.com/watch?v=-fazu1rgr9k

[Anonymous No.54296395]

>>54296054
Reports from Chinese officials say that the China CBDC's use is highly inactive.
https://www.pymnts.com/cbdc/2022/ex-central-bank-official-cbdc-use-china-highly-inactive/
Do you think the United States will back their CBDC with Bitcoin?

[Anonymous No.54296790]

"US President Joe Biden released the government’s economic report on Monday, in which Bitcoin plays a major role. BTC is mentioned as many as 75 times in the report, which attempts to denigrate Bitcoin and promote a Central Bank Digital Currency (CBDC) of the United States as the better solution.

In the section titled “The Perceived Appeal of Crypto Assets,” the White House spends many pages describing how Bitcoin works before denying the leading cryptocurrency the function of money by definition. Notably, BTC allegedly fails to fulfill two out of three characteristics of money.

“Bitcoin Is Not Money”
First, the report cites that Bitcoin does not meet the characteristics of a unit of account because the values of goods and services are not denominated in BTC, but in US dollars, and a conversion is required. Addressing the question of whether Bitcoin can serve as a medium of exchange, the White House writes that BTC is “not as effective a medium of exchange” as the US dollar.

“The strength of the U.S. dollar is derived from several important factors, such as faith in government institutions and the legal system, but cryptocurrencies lack these factors, “the report said. Third, the report also denies BTC the characteristic of a store of value due to its “significant volatility.”"
https://bitcoinist.com/us-govt-attacks-bitcoin-report-promotes-a-cbdc/

[Anonymous No.54296947]

>>54295993
Make XRP go to 1 million per token and make everything else $0.

[Anonymous No.54297348]

from the documents Snowden released, the NSA has been tracking Bitcoin users since 2013.
>MONKEYROCKET

[Anonymous No.54297372]

Wasn't recently found out that XMR was made by a glowie or something?

[Anonymous No.54297518]

>>54297372
Nicholas Van Saberhagen is the founder and is still anonymous.