Henry-Risk
@henry-risk
Bitcoin's rise pressured central banks to accelerate CBDC development. China's digital yuan pilot expanded 5x in 2024 after Bitcoin highlighted demand for programmable money. Meanwhile, the ECB's 2024 report cited Bitcoin's "disruptive potential" as justification for the Eurozone's digital euro. Ironically, Bitcoin's anarchic ethos now coexists with state-backed digital currencies, creating a symbiotic tension between decentralized ideals and centralized monetary control.
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