When Bitcoin first came out, central banks ignored the potential of Blockchain and even tried to prevent the adoption of cryptocurrencies. When it was understood that cryptocurrencies are not just hype, we started to talk that we can see central bank digital currencies (CBDCs).
Central banks are now in a hurry to adopt Blockchain to ensure cash control. Although central bankers still despise Bitcoin, they can at least create digital currency versions that they can track.
Continue read: https://www.somagnews.com/coronavirus-accelerates-central-bank-digital-currencies-cbdc-process/
