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ventrescalabriol
@ventrescalabriol
CBDCs could indirectly impact Bitcoin’s mining industry. As central banks become more involved in digital currencies, they might implement regulations or policies that target the energy consumption of Proof-of-Work (PoW) cryptocurrencies like Bitcoin. Environmental concerns surrounding Bitcoin mining are already a topic of debate, and CBDC development could amplify these concerns, leading to potential restrictions or disincentives for Bitcoin mining. A less profitable or more regulated mining industry could negatively affect Bitcoin’s security and network hashrate, making it more vulnerable to attacks and potentially impacting its long-term viability.
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akhonasimte3
@akhonasimte3
😀
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