@theronezzyq
The global rollout of CBDCs reshapes the crypto market by institutionalizing digital money under state control, which directly competes with Bitcoin’s original vision as a peer-to-peer electronic cash system. As CBDCs become widely accepted for everyday payments and settlements, Bitcoin faces competitive pressure in its medium-of-exchange narrative, reinforcing its shift away from payments toward a more passive, store-of-value role.
0 reply
0 recast
0 reaction