CBDCs vs Crypto: The Ultimate Guide US 2022 | The Future of Digital Money A Threat To Bitcoin?

7 min read

As the U.S. moves to regulate digital currencies more tightly, it considers establishing a U.S. Central Bank Digital Currency (CBDC) likely to be issued sometime between 2025 and 2030. In the meantime, cryptocurrency and stablecoin adoption continue to flourish. 

A CBDC cannot only be used as legal tender to buy goods and services but has the potential to change the future of money. As Bank of America Corp strategists Alkesh Shah and Andrew Moss stated, CBDCs “are an inevitable evolution of today’s electronic currencies…” – Source: Bloomberg.

How, exactly, is the world changed by central-bank-issued digital currencies? Could CBDCs ultimately replace paper money? Do we need them, could they represent a threat to Bitcoin (BTC) or cryptocurrencies in general or trigger a coming collapse of DeFi?

CBDCs Ultimate Guide

Largely unnoticed by the public, a technology is emerging that will fundamentally change the monetary system worldwide – and not for the better. In this guide, you’ll find everything you need to know about CBCDs and their impact on the future of money & society based on extensive research done by Ren & Heinrich.

CBDC Development Around The World

CBDC development around the world. Source: //www.atlanticcouncil.org/cbdctracker/

Source: https://www.atlanticcouncil.org/cbdctracker/

Percentage Of Total Payments In The UK By Volume

Issuance of CBDCs

Issuance of CBDCs. Source: //edwardsnowden.substack.com/p/cbdcs?s=r

Source: Your Money AND Your Life

Via this site: Your #1 Guide To CBDCs

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