Industrial FOMO is already happening..

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The government is actually powerless if everyone cooperates!

Lots of comments have been made in the past concerning the future of cryptocurrency, and how it won't survive the governmental rule, either by regulation or crackdown, and I honestly believe we worry too much about the wrong things. When we look back at the points of arguments drawn by these parties on the demerits of the networks, you figure they are 99.9% flawed. Certain people talked about bitcoin causing natural disasters, which was really funny, considering that Top institutions are known to cause more damages talk less of countries...

That said, the government really are far from stopping what big tech see as money making opportunities, because regardless of their stance, these industries will adjust to much friendly environment, and trust me, no nation is willing to lose its citizens to a stiff economic decisions.

Here's something interesting…

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How do the Chinese really intend to expand the reach of their economy while restricting a world changing development? by developing a CBDC the world would be less impressed with? come on, PayPal is already exploring a Stablecoin creation so how do these restrictions manage the buying power of these institutions? First Facebook, now PayPal?

Samsung is diving in on NFTs, and big industrial CEOs quitting jobs to pursue crypto alternatives

Looking at some global data in relation to The UK crypto approach Nations are so eager to build on this shit, China specifically will suffer its economy by its restrictions.

When you reflect on Bitcoin is Infectious, Cryptocurrency Is Irresistible… you'd realize that the industry isn't growing slowly, neither is a CBDC much of what will counter it.

Spanish Politician Argues the Country to Position Itself as a Bitcoin Mining Hub

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The game of governments

We may have been worrying much about the government and tend to ignore the power of market demands This is all that matters to business managers world wide, the sole reason Facebook is rebranding to Meta, even while failing to install DEIM in its full functional state. How crazy is that? That's Industrial FOMO if you ask me.

That said, the idea and governmental hopes for CBDCs is already dead meat with all these industries looking to kill the show… It doesn't then matter how much you beat the meat, it's sure not gonna jerk spill the goodies the community demands

Advocates of CBDCs contend that these strictly-centralized currencies are the realization of a bold new standard—not a Gold Standard, or a Silver Standard, or even a Blockchain Standard, but something like a Spreadsheet Standard, where every central-bank-issued-dollar is held by a central-bank-managed account, recorded in a vast ledger-of-State that can be continuously scrutinized and eternally revised.
CBDC proponents claim that this will make everyday transactions both safer (by removing counterparty risk), and easier to tax (by rendering it well nigh impossible to hide money from the government).

“I will tell you what a CBDC is NOT– it is NOT, as Wikipedia might tell you, a digital dollar. After all, most dollars are already digital, existing not as something folded in your wallet, but as an entry in a bank’s database, faithfully requested and rendered beneath the glass of your phone.”

There you have it, definitely not something anyone should care about, just as E-Naira failed, pretty much all CBDCs are not going to be crypto destructive. That said, even PayPal Stablecoin won't be of interest to the world, crypto on its own is bigger than PayPal
, if you ask around, very few know WTF is PayPal, but pretty much a ton know crypto, Bitcoin at least.

With that on ground, the FUDs, social media talks, industrial developments towards crypto and blockchain technology, it will all be of merits to the industry, regardless if it is designed to oppose the network. There cannot really be a "Centralized network" to function better than this industry…

Closing my doors for now, enjoy the linksss, not so aggressively tho:)

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That's Industrial FOMO if you ask me.

Facebook are just caught up in the heat and they now realize they have already lost, even with introducing meta Facebook or whatever it is they think is a way into the crypto space.

Sooner or later they get to know something called decentralized platforms, that's going to be a blockbuster, by that time there's no choosing sides, if you can't win them you join them, people can get involve in both platform.

The demand for free speech and financial independence will be the driving force for people to keep looking and searching for opportunities in the crypto world, which they definitely will get one way or the other. it will only take time.

Nice write up 🙂

Have a beautiful weekend ☺️

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crypto is the Future, thankyou for writing this good Blog.

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