Cryptocurrency Q&A
Can CBDCs replace bitcoin?
Can CBDCs replace bitcoin?
Martina
Mon Sep 09 2024
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Could you elaborate on the possibility of Central Bank Digital Currencies (CBDCs) replacing Bitcoin as a dominant form of digital currency? What are the key differences and advantages that Bitcoin currently holds over CBDCs, and how might the landscape evolve in the future with the increasing adoption of CBDCs globally? Is it feasible for CBDCs to completely supplant Bitcoin, or will they coexist in the digital currency ecosystem?
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