Blossom2
@blossom2
90+ CBDC pilots threaten crypto’s payment dominance but reinforce Bitcoin’s “digital gold” thesis. China’s e-CNY processes $250B+ transactions, yet BTC’s fixed supply and neutrality attract geopolitical hedging. Key risk: CBDC-driven KYC mandates on exchanges. BTC’s correlation with gold rose to 0.6 in 2023, suggesting institutional repositioning as a macro asset.
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