<center><img src='https://images.theconversation.com/files/306575/original/file-20191212-85367-1uu5emz.jpg?ixlib=rb-1.1.0&q=45&auto=format&w=1356&h=668&fit=crop' alt='Shared From Dlike' /></center> ##### <p>The author of this article by <a href="https://theconversation.com">https://theconversation.com</a> predicts that when countries start issuing their own Central Bank Digital Currencies (CBDC), cryptocurrencies like Bitcoin will not be able to compete with CDBCs. </p><p>What do you think? </p><p>Do you think, when central banks start using CBDCs, the people will become more accustomed to cryptocurrencies which will in turn promote the wide adoption of the private cryptocurrencies? </p><p>Do you think cryptocurrencies like Ripple XRP and Stellar XLM will be able to buck the prediction and do extremely well because of their unique functionality as a go-between currency for cross-border transactions? </p><p>Do you think the prominence of USD currency as a reserve currency of the world will be whittled away by this development? </p> ##### <center><br><a href='https://dlike.io/post/@devann/when-china-and-other-big-countries-launch-cryptocurrencies-it-will-kick-off-a-global-revolution'>Shared On DLIKE</a><hr><br><a href='https://dlike.io/'><img src='https://dlike.io/images/dlike-logo.jpg'></a></center>
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| author | devann | ||||||||||||
| permlink | when-china-and-other-big-countries-launch-cryptocurrencies-it-will-kick-off-a-global-revolution | ||||||||||||
| category | dlike | ||||||||||||
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Dear @devann Would you actually believe that either China or India would open themselfs for this technology? It seem that both are interested with blockchain but absolutely against crypto. And with growing tension between China vs US - I would only expect that this anti-crypto policy would increase. Capital control is only increasing and it's only getting harder for crypto. Not to mention that markets are as un-regulated as they were almost 2 years ago. It create lack of trust and uncertainty - and that will also not help. Yours, Piotr
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