[Dave Wright]

Cryptocurrency, like gold, does not create wealth, it merely stores it. It’s a wealth battery. You need engines that convert stored energy into goods and services to create wealth.

A CBDC would reduce frictional costs from check clearing and other online transactions. The dollar will never be replaced because, unlike Bitcoin, the money supply can be adjusted as the economy grows.

[E. Pluribus Unum]

The dollar will never be replaced because, unlike Bitcoin, the money supply can be adjusted as the economy grows.

Adjusted by who?

The whole point of Bitcoin is the money supply cannot be "adjusted" by criminal government.

And you may not have heard, but there is this think called "mathematics." Instead of prices recalibrating to dollars that are worth less and less over time, you have prices recalibrating to Bitcoins that are worth more and more over time.

[Right_Wing_Madman]

The dollar will never be replaced because, unlike Bitcoin, the money supply can be adjusted as the economy grows.

Around 1700, the gold standard replaced paper money because European currencies were so unstable throughout the 1600s. When the gold system crashed during the Great Depression, we replaced it again with a paper system that had already failed multiple times in history.