CBDCs to DESTROY Bitcoin and Replace it? Central Bank Digital Currency Currencies

[@MBAbullshit]

Why CBDC will NOT replace Bitcoin: Bitcoin's core value in NOT that it's simply "digital." It's value to those who choose it is that it not governed by any government or central bank. This makes it impervious to monetary and ideological inflation imposed by the state. However, this complicates matters by making it harder to scale and track financial dealings. CBDCs are digital currency issued directly by governments. As a result, they are open to scrutiny and restriction by the state. However, unlike Bitcoin, they can be easily scaled and tracked. Bitcoin's decentralized nature and opposition to centralized authority are two of the reasons why its supporters like it so much. Bitcoin, in their view, is a safer and more trustworthy monetary system than CBDCs. However, CBDCs may potentially offer some advantages. They might, for instance, facilitate people's access to financial services and aid in the decline of cash transactions. The relative merits of Bitcoin and CBDCs will ultimately rest on the details of their respective implementations.