Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

Did you hear? Central banks are pretending to be cryptocurrencies with CBDCs, but the trick is in the details 👀



They're digital currencies controlled 100% by the government. They use blockchain technology, but privately (—nothing to do with decentralization, see?). It's like the euro or the peso wearing a crypto disguise to monitor every transaction you make.

This isn't what the blockchain revolution promises, but it's what central banks are rolling out. Replacement or competition? It depends on how you look at it. One thing's clear: the game of money is changing rapidly.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)