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Will there be Peace between Crypto and CBDC or could they both be outcompeted?
Hello coiners, I need your advise and thoughts. I've recently invested into a company called Crunchfish who claim to have built technology fixing today's broken payment rails, yet they're also compatible with both crypto, CBDC and regular digital currency, allowing for true offline p2p and p2m payments on smartphones, (within limits). I'm also thinking what would happen if the payment system (banks, internet connectivity providers, payment networks, PSPs, Switches, etc.) got their shit together and Crypto, CBDC and regular virtual money competed on the open market, on the same terms? Then I guess the cheapest system would eventually outgrow the other ones. Like, what if, in the end, there was little to no difference in service or functionality. Which system would win?! submitted by /u/upside-down-elevator [link] [comments]
Hello coiners, I need your advise and thoughts.
I've recently invested into a company called Crunchfish who claim to have built technology fixing today's broken payment rails, yet they're also compatible with both crypto, CBDC and regular digital currency, allowing for true offline p2p and p2m payments on smartphones, (within limits).
I'm also thinking what would happen if the payment system (banks, internet connectivity providers, payment networks, PSPs, Switches, etc.) got their shit together and Crypto, CBDC and regular virtual money competed on the open market, on the same terms? Then I guess the cheapest system would eventually outgrow the other ones. Like, what if, in the end, there was little to no difference in service or functionality. Which system would win?!
[link] [comments]
