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BREAKDOWN: No, the Digital Dollar Won't Kill Bitcoin

Author
CoinDesk
Published
Mon 08 Mar 2021
Episode Link
None

Why CBDCs are growing as a focus for governments, and what impact they’ll really have on bitcoin.
This episode is sponsored by Nexo.io and Casper.
On today’s episode, NLW provides a 101-style overview of central bank digital currencies, looking at:

Why governments are interested in CBDCs

Why Facebook’s libra announcement accelerated CBDC development the world over

Why China’s CBDC efforts are driven by an attempt to shift power in the U.S. dollar-led global economy 

How the U.S.’ rhetoric around central bank digital currencies is changing

Why CBDCs are likely to be good for bitcoin

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Launching in mid-March, Casper is the future-proof blockchain protocol that finally address the blockchain trilemma. Learn more at Casper.Network.
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