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re: Looking for Bitcoin info

Posted on 1/8/21 at 4:02 pm to
Posted by SUG
Member since Nov 2015
566 posts
Posted on 1/8/21 at 4:02 pm to
it will not replace the dollar, there will be a digital dollar when the government bends to the pressure
Posted by rocket31
Member since Jan 2008
41830 posts
Posted on 1/8/21 at 4:22 pm to
a digital dollar is coming in the next few years (I'm pretty positive there's already a proposed bill) but this digital usd will be still be based on fiat principles

bitcoin is hard money with a fixed supply. there is not really a comparison

This post was edited on 1/8/21 at 4:25 pm
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
81093 posts
Posted on 1/8/21 at 4:27 pm to
quote:

it will not replace the dollar, there will be a digital dollar when the government bends to the pressure

Digital dollar does nothing really except reduce privacy of US citizens. At least now you can pay with cash if you want some privacy. The digital dollar will be no different than what we have today regarding monetary policy
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