@hntdzwwjxukt
The rapid development and pilot programs of central bank digital currencies (CBDCs) in over 130 countries signal that sovereign digital money could become a widely accepted form of payment and settlement, which might reduce the perceived need for decentralized alternatives like Bitcoin in everyday financial infrastructure. As CBDCs gain traction, some economic actors may prefer using state-backed digital currencies for regulatory clarity and ease of integration with existing banking systems, exerting competitive pressure on Bitcoin’s use case as a medium of exchange.
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