Emergence Of CBDC Trouble For Bitcoin In 2020.

[Paglamon]

I just found out from a webpage, Another reason that could see Bitcoin outlawed by several governments is the emergence of central bank digital currencies. The emergence of these currencies is expected in 2020. So far as we have reported, world leaders like China, France, Turkey, South Korea, and Russia will be launching their digital currencies in 2020. In an effort to ensure that their digital currencies are popular and unrivaled we could see Bitcoin outlawed in some of the countries that launch their digital currencies.
Regardless of what the governments' stance is, it is clear that the year 2020 will be great for Bitcoin.
Bitcoin Market Update :
Going into the end of 2019, Bitcoin looks set to end it well above $7K. At the time of writing this, it is exchanging for a little over $7,400. Its next key resistance is $7,800 with a crucial $7,100 support to defend.

Do you agree with that statement?
what is your opinion?

[masterrex]

I think both is incomparable, as we all know that bitcoin was gaining popularity because of its decentralized nature, While those so called cryptocurrency that central bank sponsored was purely centralized, it was on opposite side and i'm sure many investors and cryptocurrency enthusiast was already aware of that information that's why for me it's not a big deal.

[Senin]

I agree that the appearance of stable coins of various states will mean their competition with bitcoin and other types of decentralized cryptocurrencies when used as a means of payment. Therefore, the Chinese government has already turned to business structures not to use cryptocurrency in their activities. In addition, the number of states that intend to issue their national stable coins is constantly growing. Some say that 18 states are going to do this, but their list is not complete, while others say that 70 percent of states have already announced this. It seems that next year a boom of stable coins issued by states is brewing. A decentralized cryptocurrency expects a serious test of survival.

[Alcor]

I don’t think that states will already take measures to prohibit or even restrict the circulation of bitcoin and other decentralized cryptocurrencies. States will observe how people relate to their national stable coin, and if there is great interest, then they are unlikely to pay attention to a decentralized cryptocurrency. But if there is competition between them, then the states will protect their stable coin.