Sasha Ivanov: Crypto Dollars and CBDCs Do Battle
Updated Dec 31, 2020 at 8:05 p.m. UTC Crypto Dollars and CBDCs: The Battle to Come By late 2013, it was clear crypto assets would be the future of finance. It was the first time bitcoin crossed $1,000. To the cypherpunks’ chagrin, central banks around the world began publishing warnings to curb the “decentralized genie” threatening the stability of the familiar system. First they ignore you, then they fight. Bitcoin’s rally stopped short due to a lack of trust and high volatility, rather than any state intervention. That was when people realized crypto assets needed a bridge to fina...
Source: coindesk.com