Monday, October 25, 2021
Fintech, where Finance & Technology meet

CBDCs and Bitcoin

By DAC000 , in Bitcoin CBDC , at September 25, 2021 Tags: ,

to co-exist, at least in the short term, reports Daily Fintech. About a four minute read.

Comment: governments can’t readily outlaw or ban Bitcoin, due to its decentralised nature. So this works and I wouldn’t be surprised to see both used indefinitely. For people to adopt a CBDC it has to offer some utility that Bitcoin doesn’t. Keep in mind Bitcoin is over ten years old, so Central Banks have a lot of catching up to do.