Can Bitcoin Remain Relevant as Governments Launch Digital Currencies?

Somatirtha Purohit

Bitcoin offers decentralization and fixed supply, unlike government digital currencies controlled centrally globally

CBDCs improve payment efficiency but introduce surveillance, programmability, and policy-driven monetary control features

Bitcoin remains relevant as store of value, hedge, and censorship-resistant settlement layer globally

Coexistence likely as CBDCs handle spending while Bitcoin serves savings and sovereignty needs

Adoption depends on trust, privacy concerns, and monetary stability across jurisdictions worldwide today

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