Bitcoin's survival space may shrink as CBDCs gain traction. Central Bank Digital Currencies offer governments control, stability, and integration with existing financial systems, appealing to mainstream users. Bitcoin, decentralized and volatile, faces challenges from regulatory crackdowns, scalability issues, and competition from CBDCs' efficiency and state backing. However, Bitcoin's censorship resistance, fixed supply, and appeal as a hedge against fiat inflation ensure a niche among privacy advocates and those distrusting centralized systems. While CBDCs may dominate everyday transactions, Bitcoin could persist as a store of value or in regions with unstable currencies, though its growth may be constrained by widespread CBDC adoption.