DAM - The Financial Elite: Bitcoin Bad CBDCs Good Stablecoins Meh

• Central Banker attitudes on cryptocurrencies will affect adoption of Bitcoin, Ethereum, Stablecoins, and other tokens.
• The BIS and Central Banks are open to fintech innovation but have a deep desire to control all transactions within their systems.
• Our financial elite are not friends of cryptos, and have special malice towards Bitcoin. Stablecoins may be tolerated if acceptably regulated.
• This is ultimately a monetary policy battle. Either CBDCs will further government dominance in potentially anti-democratic ways or user controlled crypto products will preserve individual sovereignty.

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