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deskowaltruda
@deskowaltruda
The development of CBDCs will divert resources, talent, and innovation away from the broader cryptocurrency ecosystem and towards state-sanctioned digital currencies. Governments and financial institutions are likely to invest heavily in CBDC infrastructure, attracting top developers, cryptographers, and entrepreneurs. This brain drain could slow down the development of Bitcoin’s underlying technology, such as the Lightning Network, and hinder the creation of new and innovative decentralized applications (dApps) in the Bitcoin ecosystem. A less vibrant and innovative Bitcoin ecosystem could make it less attractive to users and investors, impacting its long-term growth potential and competitiveness.
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