Global disparities in CBDC deployment — for example, some major economies advancing digital currency infrastructure while others lag or explicitly ban CBDC development — may lead to a fragmented landscape in which Bitcoin remains attractive as a borderless, permissionless asset. In such mixed environments, BTC could benefit from network effects and investor demand seeking diversification from traditional fiat systems.
- 0 replies
- 0 recasts
- 0 reactions
Finally, CBDCs can be seen as a catalyst that forces Bitcoin to clarify its role. As digital fiat becomes common, Bitcoin may shift further toward being perceived as digital gold rather than digital cash. This reduces direct competition but introduces a different kind of pressure: Bitcoin’s value becomes more dependent on long-term store-of-value narratives, making it more sensitive to macroeconomic sentiment than to payment utility.
- 0 replies
- 0 recasts
- 0 reactions
Chainlink’s dominance is based on years of reliability and deep ecosystem integration. That’s hard to disrupt. Still, newer oracle projects are pushing innovation faster. They focus on specific advantages like latency, composability, or cost. This doesn’t mean Chainlink is losing, but it does mean the market is evolving. Leadership now requires constant innovation.
- 0 replies
- 0 recasts
- 0 reactions