Decred co-founder explains the possible effects of a CBDC takeover
Cointelegraph17 Jan 2021 | 00:00 am
Central bank digital currencies, or CBDCs, will likely represent digital versions of countries’ dollars in the future, according to Jake Yocom-Piatt, co-founder of crypto project Decred. However, crypto assets, like Bitcoin and Decred, are fundamentally fairer systems than fiat currencies, he said. "CBDCs may adopt many cryptocurrency features, but they cannot compete on fairness."