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Following the United States of America's announcement (during Biden's administration) that a digital dollar would be released, the next fiat currency to try to create a new digital form is the Euro; digital euro.
Is digital euro, however, healthy for the economy, cryptocurrencies, and people?
- Internet is turning regulators crazy nowadays:
We must comprehend the impact of the internet on people's lives.
Humanity has never seen a good technology that can benefit all economic levels without regard for borders, continents, ethnicities, or religions.
The Internet is here to assist everyone, and you are invited to participate in this new cyber revolution.
Most people are unaware, however, that regulators (particularly politicians) are attempting to block a wide range of content, therefore defeating the internet's original purpose.
If you want to know about the corruption charges involving a particular political party, you may look it up on Google and possibly discover some useful information.
As a result, politicians must modify the masses' perceptions, and what better way to do so than to endanger their financial independence by imposing rules on Bitcoin and cryptocurrencies?
If you want to know about the corruption charges involving a particular political party, you may look it up on Google and possibly discover some useful information.
- Inflation on Europe, and digital euro:
If you look at European countries, you'll notice that they're dealing with economic issues such as inflation (which is worsening due to pandemics), food, and electricity.
Beyond that, they are witnessing the negative effects of climate change on people's lives across the continent.
The digital euro is a new technique for European regulators to keep people away from blockchain and spy on what they do with their money; governing the masses has always been a good way to influence human society in terms of political ambitions.
- Digital euro after Luna crash: What a coincidence!
Since the price of Luna(UST) stablecoin has dropped, many investors around the world have begun to believe that we can only trust Bitcoin and Ethereum, and many have stopped placing financial orders for fear of losing money.
We need to stay away from fear, and stop watching offensive comments regarding Bitcoin, and cryptocurrencies.
- Bitcoin has helped millions of people from many classes, what regulators are doing?
If you want to learn more about Bitcoin, watch the documentary "Banking on Africa: Bitcoin Revolution," in which you will learn about a woman who is changing the way financial transactions are conducted in her city.
Many folks don't have a bank account, no money, and their checks don't bounce.
What kind of technological, cultural, and sociological advancement is the Brazilian real, American dollar providing to our society? Nothing!
We require a single currency in which we may reclaim our financial freedom and in which we can place our trust, rather than entrusting our financial lives to people we have never met.
And the name of this currency is Bitcoin.
- The biggest problem in adopting a fiat digital currency instead of cryptocurrency: Cyberwar crimes.
Following Russia's invasion of Ukraine, we are beginning to believe that we can no longer place our trust in our governments in the same way that we did before 2020.
Ukraine is experiencing cybercrime, and no one is doing anything to assist Ukrainians.
This is occurring because Ukrainians have a single centralized method of conducting financial transactions in their country rather than using blockchain.
Using digital forms of our fiat currencies can be harmful, but something like this can be beneficial in any country.
