I dont believe it will be reputed that the large majority of people here, have a general (or at least partial) dissatisfaction for the existing monetary system, which If you are based in the US, is far from compelling – especially in the last 2 years.
My question is, in the face of markedly increased news on government CBDC’s, particularly China and the US. What effect do you guys think this will have on DeFi?
Does a push for centralisation in government controlled digital currencies quash the DeFi era? Will they regulate it beyond repair? Or will there in the coming years be an equilibrium found where both can co-exist?
Let me know your thoughts!