Fiat backed by fiat. Blatant attempt by central banks to create their own crypto in hopes to skew the crypto markets.
*****Blatant attempt by central banks to create their own crypto in hopes to skew the crypto markets*****
The central banks will control ALL of crypto faster than anyone thought possible. It will only happen because they have been able to prop up current fiat by debt for so long that people still trust the current fiat money. Now people(and banks) can plunge headlong into crypto. Try demanding total transparency of government transactions that will be demanded of individuals transactions since all transactions can now be traced. Good luck with that one.