BTC anniversary and Cypherium

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Avatar for Sitisan
4 years ago

Background

Bitcoin birth on October 31, Yr 2008 , after the release of document titled "Bitcoin: A Peer-to-Peer Electronic Cash System" by Satoshi Nakamoto.

After 12 years of innovative electronic payment system, Bitcoin itself also flip thousands time after these years and finaly come to the steady ground $13k as of now.

Central Bank Digital Currency (CBDC)

After 12 years of development in electronic payment led by Bitcoin, now the market starts to look into the CBDC aspect.

Many countries central banks are launching or researching ways to fan out the CBDC.

China, recently launched its e-yuan pivot test in Shenzhen, which mark a significant milestone in the CBDC to be arena, was tested well received and positively.

Today

Cypherium , the bridge target to CBDC arena is launching its mainnet after closing of its public sales.

Priced at $0.25 per unit, would it following the path of BTC? We shall see.

Digital currency world , split into 2 camps , one is decentralized lead by BTC, the other by the current giants - State central banks . I think both can coexist and cater to different spectrums.

The next 12 years, will be a full speed development of digital currencies !

And we will be witnessing the shift of value storage from physical currency notes to mobile digital form !

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Avatar for Sitisan
4 years ago

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