[Bitcoin for the Great Reset?]

On 2/2/2021 at 7:32 AM, White_Raven said:

 

Bitcoin WILL BE a gateway for the great reset a global currency but have a look at the differences between Bitcoin blockchain and how

central banks are planning to sort this out:

 

- Bitcoin is based on (DLT) Distributed Ledger Technology 

- (CDDB) Central Bank Digital Currency wants to be a digital form of fiat currency.

 

https://www.investopedia.com/terms/d/distributed-ledger-technology-dlt.asp

https://www.investopedia.com/terms/c/central-bank-digital-currency-cbdc.asp

(investopedia.com)

 

 

There are 2 main types of DLTs: permissionless (BTC, ETH) and permissioned. USDC would be a permissioned DLT in that the main operators of the blockchain have to be allowed to partake in it. They do exhibit similar characters such as consensus algorithms and such. In my opinion, permissioned DLTs are good for main intra-company use cases but not for a global store of value. 

 

I believe that Bitcoin can be our savior if we fight to preserve its decentralized and anonymous aspects. People like Michael Saylor and Robert Breedlove are making a stand on these issues.

 

if we disrupt the pyramid scheme of fiat - that is one major pillar to topple!!