Bitcoin is money, but CBDCs are not. – Bitcoin Magazine


This is an editorial opinion from Wes Craik, Canadian freelance writer and host of the FINterpreter YouTube channel.

Central Bank Digital Currencies (CBDC) will soon be operational in various countries and it is important to note that they are a form of money with inherent programmability. Rules can and will be set on how these central bank liabilities can be spent. Over time, CBDCs eliminate cash and thus private exchange. They are also the most “slippery slope” we have witnessed.

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