maybe defi if there is a chance that this could get integrated into the platform of all the defis because honestly, these coins stands in their own category.
even I think it gonna be having zero effect for the altcoins market circumstances all in all because the nature of this coin that’s still rather new and confusing.
that’s exactly the reason even if CBDC being released and being used for replacement of the existing stablecoins it's just gonna be bringing insignificant changes in the current market circumstance
because honestly it’s have no different than the existing stablecoins, same based on the reserved money for keeping its value afloat. This is only my 2 cents but it seems like that all of projects will be able to use CBDC as well caused by basically that's the same like stable token i.e USDT, USDC
Topic: Which alt projects will succeed if CBDC is introduced? (Read 53 times)
legendary
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A regulated digital fiat by the regulators. I think that the only party that will not be using this kind of product will be any platforms that related with the anonymous platform. I'm sure that the regulation will be giving clue about who will be the party that eligible to use this digital fiat currency. You can't pick one from them. This is still a speculation about who will be using CBDC as a part of their service. what if all of platforms will be integrated with cbdc? That's pretty interesting to see what will be happening when CBDC will be used by all of crypto platforms.
*SNIP*
In my opinion, CBDC can only be introduced in totalitarian countries such as China or Russia. I think that in fully democratic countries this type of money will not be able to sustain. However, if someone comes up with such a crazy idea and introduces this type of money, I am sure that the entire cryptocurrency market will gain popularity. It is impossible to say who exactly will gain the most, but they will certainly be cryptocurrencies that are best adapted to act as a means of payment, i.e. they will probably not be tokens.
1. Exchange tokens?
2. Web3?
3. App tokens?
4. ?
What do you think?
CBDC potentially being used by all of those service. Don't you know the main purpose of CBDC? it will become a fiat digital and that's pretty similar like USDT or any other stable tokens that exist in the market. I think that it will not be specifically used by some service. All of crypto service can used CDBC as a payment option as well consider it was digital fiat money.
You must need to know that if stable tokens are also used by all of services in the crypto like those you have mentioned above.
I think that CBDC will not make only a few services became successful.
CBDC would be an alternative to fiat but would pose no danger to crypto. They would be more beneficial in introducing people to crypto (blockchain) and would further increase interest in this sector. CBDC are going to be highly regulate and monitored, that's why they don't compete with other stable coins either. They would just be an easier medium of fiat transfer.
All tokens that are deemed useful by the community. Those type of projects would survive with or without CBDC.
How did you come to a conclusion that some tokens will die because of CBDC? I think even stable coins which are likely to be the most affected would survive.
How did you come to a conclusion that some tokens will die because of CBDC? I think even stable coins which are likely to be the most affected would survive.
1. Exchange tokens?
2. Web3?
3. App tokens?
4. ?
What do you think?
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