130+ countries are building digital currencies. Here is the fundamental difference between a CBDC and Bitcoin.
A Central Bank Digital Currency is a digital version of cash issued and controlled by the government. Think digital dollar, not crypto.
Bitcoin: decentralized, no one controls it, fixed supply. CBDC: government controlled, programmable, surveil-able. Opposite philosophy.
A programmable currency can have expiry dates, spending restrictions, or be frozen. Bitcoin cannot be frozen by any government.
India's digital rupee is already in pilot across 15 cities. It's programmable — government can restrict what you buy with it.
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