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Central Bank Digital Currencies (CBDCs) and cryptocurrencies both promise to reshape the financial landscape. While CBDCs aim to digitize national currencies with government backing, cryptocurrencies offer decentralized, permissionless systems. The future likely involves a blend, where CBDCs leverage blockchain for efficiency, and cryptocurrencies innovate in finance through DeFi and GameFi. Which path will dominate? The answer may be a hybrid solution, merging the best of both worlds.
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