It's about time we realize that cryptocurrencies are not a new experimental concept anymore, but rather a necessity that pushes the digital era to a whole new level.πͺ We now find that in 2021 the Central Bank Digital Currencies (CBDCs - digital version of fiat money) are introduced. π£
It seems that even the worldβs central banks are admitting they might fall behind if they do not catch up with the popularity and rising value of cryptocurrencies. Still, Cryptocurrencies are ahead β for there is a difference between how crypto and CBDCs are issued- where CBDCs do not provide you with control during all transactions as Crypto does.
πSource: https://www.atlanticcouncil.org/blogs/econographics/the-rise-of-central-bank-digital-currencies/
#cryptofuture #btcv #digitaltransformation #blockchain #userexperience #securityupdate #digitalasset #insightfulcontent
It seems that even the worldβs central banks are admitting they might fall behind if they do not catch up with the popularity and rising value of cryptocurrencies. Still, Cryptocurrencies are ahead β for there is a difference between how crypto and CBDCs are issued- where CBDCs do not provide you with control during all transactions as Crypto does.
πSource: https://www.atlanticcouncil.org/blogs/econographics/the-rise-of-central-bank-digital-currencies/
#cryptofuture #btcv #digitaltransformation #blockchain #userexperience #securityupdate #digitalasset #insightfulcontent
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