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Is CBDC a Threat to Cryptocurrency
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[QUOTE="Suba, post: 287795, member: 3658"] CBDC is not a type of cryptocurrency, even though CBDC runs on the blockchain but is private, only accessible by the government, CBDC is only a country's digital fiat money that is official and as legal tender, fluctuations in fiat money are only due to the influence of inflation, so people have CBDC only as a medium of exchange, not as an investment. Meanwhile, Cryptocurrency runs on a public blockchain that can be accessed by anyone and is transparent. Currently crypto is used as a medium of exchange as well as an investment instrument. Crypto price fluctuations are determined by supply and demand factors. So I don't think CBDC is a threat to cryptocurrencies. [/QUOTE]
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