Will a central bank digital currency cancel out cryptocurrencies?
Could the introduction of a central bank digital currency potentially undermine or eliminate the existence of cryptocurrencies? What are the potential implications of a CBDC on the cryptocurrency market? Could a CBDC pose a significant threat to the decentralized and borderless nature of cryptocurrencies, or might it instead coexist with them, offering new opportunities and use cases? Is it realistic to envision a future where cryptocurrencies and CBDCs coexist harmoniously, each fulfilling unique roles within the global financial system?