Compound equivalent, the collapse of real money
Fiat currency is increasingly under threat. Starting from the reduced dependence on the US dollar, the use of payment with currency in the field of trade is starting to vary. CBDC as a digital currency is starting to take steps to reduce the existence of other digital money that is currently present.
Crypto as a currency that creates the birth of a new type form of currency that has been used for a long time, awakens the existence of the supremacy of fiat money which has long been acquired by the strength of the American dollar so far. At first, maybe it was just trying to fend off the existence of crypto money which was starting to unsettle the financial system that had long been used by centralized banks.
However, even though most people still doubt it, crypto, which has a volatile value, does not make most people afraid of the bubble problems that occur. With certainty instead presenting the availability of alternative payments for all things that are not recognized by the government as a safe choice to do.
The presence of crypto creates various forms of currency which are also one of the major factors of strength which unwittingly presents equivalent compounds as currency values that are valuable in the world community. Decentralization is now a real form of resistance to the presence of centralization which is too binding. Creates a clear collapse of the need for fiat currency with technological advances that are carried out and also in accordance with the needs of the times.
The speed of creation, low cost, and convenience are the basic core of the advancement of digital money to become the choice of modern progress. As if without the previous restrictions, it was very difficult to do. Compound equivalent, the collapse of real money is like a daydream reality. Moving on is proof of glory in a world that is now starting to be controlled by the existence of artificial intelligence.
On the one hand, it is pride, but on the other hand, it creates fear.
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