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Martina Martina Sun Sep 08 2024 | 6 answers 1311

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?

Will a central bank digital currency cancel out cryptocurrencies?

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