Why Nostr? What is Njump?
2024-04-25 01:11:16
in reply to

Codebreaker on Nostr: Although Bitcoin stems from CBDC, CBDCs aren’t cryptocurrency by this I mean banks ...

Although Bitcoin stems from CBDC, CBDCs aren’t cryptocurrency by this I mean banks control CBDC, whereas cryptocurrencies are almost always decentralized. Therefore, cryptocurrencies like Bitcoin aren’t regulated by single authority like CBDCs. Cryptocurrency has growth potential and swift transactions with higher value and also Fiat is very based off the government for its stability.
TL;DR: CBDC relies on the government for stability and is regulated by banks. Whereas, Bitcoin and any other cryptocurrency are to be decentralized and not regulated by a single authority.
Bitcoin zombies already crying by commenting on my posts because they can't face the truth. Y'all being suckered into accepting CBDC and you don't even know it
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