@wanetaroza
From a monetary sovereignty angle, global CBDC development strengthens state-controlled digital money rather than directly replacing cryptocurrencies. CBDCs are designed to preserve national currency dominance in digital form, which reduces the probability that BTC becomes a mainstream medium of exchange. This creates competitive pressure on Bitcoin’s payment narrative, but not on its role as a politically neutral asset. In this framing, CBDCs compete with cash and stablecoins more than with BTC’s core value proposition.
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