@shuwaltruda
From a regulatory dynamics standpoint, widespread CBDC adoption may tighten oversight of the broader crypto market, indirectly increasing compliance costs for Bitcoin users. Governments with CBDCs have stronger incentives to discourage parallel monetary systems, which can translate into stricter on-ramps, reporting requirements, or tax enforcement. This raises friction rather than eliminating BTC demand. Bitcoin faces pressure at access points, not at the protocol level.
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