Crypto Currencies vs CBDCs – The future belongs to…? Interview: Alan G. Futerman & Peter A. Fischer (NZZ)
Crypto Currencies vs CBDCs – The future belongs to…? Interview: Alan G. Futerman & Peter A. Fischer (NZZ)
The difference between Central Bank Digital Currencies and cryptocurrencies in general and Bitcoin, in particular, is explained by the former’s very name. As opposed to Bitcoin’s intended privacy and decentralization, a CBDC is designed to be subject to Government surveillance and is issued by a central authority. It is, therefore, an anti-Bitcoin.