According to former head of MicroStrategy and Bitcoin maximalist Michael Saylor, CBDCs are unstable and doomed to failure, and BTC is destined to become the best form of money due to its limitations in terms of time and energy.
He has referred to an article by a user named dergigi, which develops the above ideas. According to the document:
“The difference between play money and fiat money is scale, not nature. Both assets are virtual: simulations that are not connected to reality. And with the introduction of CBDC, both will also be fully digital.”
dergigi has predicted CBDCs would fail in the future, like all digital money before.
