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RE: Can HIVE And HBD Help Two Of The Biggest Global Economic Issues?

in LeoFinance3 years ago

While it’s a possibility, I don’t think the FED will ever use Bitcoin. They will create their own coin to have more control over it. They are trying to figure this whole scenario out, that’s what is taking them so long. They was a token they can control or manipulate at their will. That’s not what true crypto is about.

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Central banks will end up holding Bitcoin if it does become a recognized store of value.

As for CBDC, that isnt for the central bank, it is more for politicians and bureaucrats. This is a control mechanism and that is of most interest to politicians.

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Institutions are already buying Bitcoin. That will just increase over time.
Unless there’s something that they can somehow manipulate they won’t approve it.