Centralizing the DeFi
14 min readSep 2, 2022
CBDC vs. Crypto
No matter how much anyone might love Bitcoin or crypto and for what it stands — no central authority or control — the fact is that just about every consumer will prefer a government backed CBDC that is legal tender than a corporate crypto like Circle.
CBDC are government-backed, legal tender and on par 1-to-1 with a national currency that is already used as everyday money and is…
