With crypto continuing to receive much bad press, central bank digital currencies (CBDCs) are being quietly prepared for roll out.
Crypto bad press
Crypto has imploded in on itself over the last several months as firstly it has been in a year-long bear market, and secondly, several of the centralised lending platforms and funds have collapsed after bad loans or fraudulent management.
The mainstream media has had a field day as first one crypto platform collapsed, then another, and then a few more. It could be likened to a series of banks going down, as the bad loans triggered contagion throughout the system – but of course, central banks would have been on hand (and taxpayers) to bail them out.
Crypto just hasn’t had a break, and to be quite honest most of the flak has been deserved. Lessons learnt from the debacle would probably be that decentralisation is the way to go, and know-how on self-custodying ones digital assets in order to keep them away from any third party is extremel
We współpracy z: https://cryptodaily.co.uk/2022/12/crypto-will-be-needed-as-an-alternative-to-cbdcs
