One flaw that is clear to me when discussing CBDC’s is that every country wants their own. CBDC’s are being introduced to compete with Bitcoin although nation states won’t admit that. The only way in which I could see a CBDC competing with Bitcoin is if it were to be global and we had a consensus on the properties of the money. Of course that would never happen, and even so I’d still choose Bitcoin.

#Bitcoin #bettermoney