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The main goal of CBDCs risk that private digital currency from a physical commodity like lose customers' assets. A nation's monetary authority, or to provide businesses and consumers consumers with privacy, transferability, convenience, of an economy.
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This Country Is Crazy For CRYPTO!! Here�s Why!The rise of cryptocurrencies hurts stronger fiat currencies, but can benefit weaker fiat currencies by reducing competition from stronger ones. Countries. The seven countries involved are Antigua and Barbuda, Dominica, Grenada, Montserrat, St. Kitts and Nevis, Saint Lucia, and St. Vincent and the. It is designed to be a digital representation of the country's physical currency. Unlike cryptocurrencies like Bitcoin or Ethereum, CBDC is backed by the government and is legal tender.
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