Many don’t seem realize we really only have two paths ahead of us: Decentralized crypto or CBDCs.

I’ve been finding this interesting that people somehow think traditional finance is going to somehow figure out how to compete with the advances crypto has developed without the development of a CBDC.

The main thing why we use TradFi is because it’s heavily regulated and we are forced to use it. This was the whole point of Operation Chokepoint 2.0. Force liquidity to stay within Tradfi.

Elizabeth Warren in a recent interview has stated her main end goal is the establishment of a CBDC that eliminates the need for Bitcoin. This is the anti-crypto “army” endgame is the establishment of a CBDC they completely control that can mimic some of the advantages decentralized blockchains offer.

Even crypto opponents realize the advantages crypto provides over TradFi. Perpetuals was something only theorized in TradFi yet has become reality in crypto. And still they don’t seem to get the idea of self-sovereignty over your digital assets that makes crypto so appealing to so many.

And I’m not some anarchist calling for the downfall of the traditional system, but there is a path forward that the two can coexist. But unfortunately even slightly having the power of Central Banks threatened seems to be too much for them to bear, or at least for the current administration in the U.S.

Authoritarian leaning bureaucrats and the regulators they control don’t tend to let go of power easily.

First they laugh at you. Then they fight you. Then you win.