The Rise of Central Bank Digital Currencies (CBDCs) Against Decentralized Cryptocurrencies
With the rise of decentralized cryptocurrencies like Bitcoin and Ethereum, central banks around the world are accelerating the development of their own digital currencies (CBDCs). This trend raises several questions:
Will CBDCs replace traditional cryptos or will they coexist with them?
What are the impacts of these digital currencies on decentralized finance (DeFi) and the monetary sovereignty of states?
Can CBDCs offer the benefits of cryptos (speed, low cost, accessibility) while maintaining centralized control?
As countries like China, the European Union, and the United States advance their CBDC projects, the question of the future of decentralized cryptos remains more relevant than ever.
