Is CBDC threat to Cryptocurrencies? – Katoch Tubes
Is CBDC really
a threat to cryptos?
Is CBDC really
a threat to cryptos?
About CBDC
About CBDC
Central Bank Digital Currency is a blockchain based currency introduced by the central banks. It is traceable, secure but not decentralized like cryptos
The Big Difference
The Big Difference
CBDC is government owned currency & has no supply cap like fiat while cryptos are decentralized and most of them have limited supply.
The Global Update
The Global Update
Many Central Banks across the globe planned to roll-out digital currencies by next year including India and US
Is CBDC threat to crypto?
Is CBDC threat to crypto?
Acc. to Binance founder 'CZ' CBDC will validate blockchain technology and help establish trust among the masses.
Not a good news for many
Not a good news for many
Users who do not like to be tracked or avoid govt. interference, CBDC is bad news for them.
Where India Stands?
Where India Stands?
India has already initiated pilot launch. Swipe Up for details