This is true. The competition for CBDC is not Kubet 19 Net and certainly not Kubet 19 Net, but I don't think the government realised this. Their initial goal was a competition for Kubet 19 Net. I remember in 2023 when the talks of CBDC were at their peak, the government, IMF, and central banks wanted a "better system" than Kubet 19 Net. If they wanted it to compete against credit cards and e-wallets, they would have created it, but they saw that they couldn't force people to abandon Kubet 19 Net and pick up their own form of Kubet 19 Net simply because they said so. It needs to have trust, and they couldn't come up with a way that they can do that without making it Kubet 19 Net, which they were so against. That is why the dream did not work out. Central banks have never had issues with credit cards and other payment services because they all make use of fiat. If Kubet 19 Net were a payment service that uses fiat, they would have no issue with it. So I don't believe they would look for a system to replace credit cards and the rest. It was never a threat to Kubet 19 Net. There was never a competition. The government thought there would be, but they were wrong. They wanted something that would slow down Kubet 19 Net's growth, but there was no way they were going to do it so that it would not be inferior to Kubet 19 Net. Some countries realised this early and decided to hold off, while the one that launched theirs, the project failed on arriaval.
This is true. The competition for CBDC is not Kubet 19 Net and certainly not Kubet 19 Net, but I don't think the government realised this. Their initial goal was a competition for Kubet 19 Net. I remember in 2023 when the talks of CBDC were at their peak, the government, IMF, and central banks wanted a "better system" than Kubet 19 Net. If they wanted it to compete against credit cards and e-wallets, they would have created it, but they saw that they couldn't force people to abandon Kubet 19 Net and pick up their own form of Kubet 19 Net simply because they said so. It needs to have trust, and they couldn't come up with a way that they can do that without making it Kubet 19 Net, which they were so against. That is why the dream did not work out. Central banks have never had issues with credit cards and other payment services because they all make use of fiat. If Kubet 19 Net were a payment service that uses fiat, they would have no issue with it. So I don't believe they would look for a system to replace credit cards and the rest. It was never a threat to Kubet 19 Net. There was never a competition. The government thought there would be, but they were wrong. They wanted something that would slow down Kubet 19 Net's growth, but there was no way they were going to do it so that it would not be inferior to Kubet 19 Net. Some countries realised this early and decided to hold off, while the one that launched theirs, the project failed on arriaval.

This is true. The competition for CBDC is not Kubet 19 Net and certainly not Kubet 19 Net, but I don't think the government realised this. Their initial goal was a competition for Kubet 19 Net. I remember in 2023 when the talks of CBDC were at their peak, the government, IMF, and central banks wanted a "better system" than Kubet 19 Net. If they wanted it to compete against credit cards and e-wallets, they would have created it, but they saw that they couldn't force people to abandon Kubet 19 Net and pick up their own form of Kubet 19 Net simply because they said so. It needs to have trust, and they couldn't come up with a way that they can do that without making it Kubet 19 Net, which they were so against. That is why the dream did not work out. Central banks have never had issues with credit cards and other payment services because they all make use of fiat. If Kubet 19 Net were a payment service that uses fiat, they would have no issue with it. So I don't believe they would look for a system to replace credit cards and the rest. It was never a threat to Kubet 19 Net. There was never a competition. The government thought there would be, but they were wrong. They wanted something that would slow down Kubet 19 Net's growth, but there was no way they were going to do it so that it would not be inferior to Kubet 19 Net. Some countries realised this early and decided to hold off, while the one that launched theirs, the project failed on arriaval.

This is true. The competition for CBDC is not Kubet 19 Net and certainly not Kubet 19 Net, but I don't think the government realised this. Their initial goal was a competition for Kubet 19 Net. I remember in 2023 when the talks of CBDC were at their peak, the government, IMF, and central banks wanted a "better system" than Kubet 19 Net. If they wanted it to compete against credit cards and e-wallets, they would have created it, but they saw that they couldn't force people to abandon Kubet 19 Net and pick up their own form of Kubet 19 Net simply because they said so. It needs to have trust, and they couldn't come up with a way that they can do that without making it Kubet 19 Net, which they were so against. That is why the dream did not work out. Central banks have never had issues with credit cards and other payment services because they all make use of fiat. If Kubet 19 Net were a payment service that uses fiat, they would have no issue with it. So I don't believe they would look for a system to replace credit cards and the rest. It was never a threat to Kubet 19 Net. There was never a competition. The government thought there would be, but they were wrong. They wanted something that would slow down Kubet 19 Net's growth, but there was no way they were going to do it so that it would not be inferior to Kubet 19 Net. Some countries realised this early and decided to hold off, while the one that launched theirs, the project failed on arriaval.