Blockchain Leaders Caution Against CBDCs

CBDCs give governments vast transaction control, risking privacy and democracy.

[{"selector":"#anim-c5ec05cc-9687-4c05-85d3-33dab37d4b3d","keyframes":{"transform":["translate3d(-153.00001%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-832081c9-9f9a-49c9-8c5c-77cb0b81de42","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-56f7dfe6-79c1-4438-b614-c13af77dd054","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

Some blockchain leaders support CBDCs, despite promoting decentralization.

[{"selector":"#anim-71486839-0c60-49d9-9bef-f64352b2b150","keyframes":{"transform":["translate3d(-144.5%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-56a261e8-a2ba-42d4-aeb7-36d853944112","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6975aecc-407e-402a-92f4-f8d2e547b4fc","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

Ripple offers private ledger control, Stellar enhances CBDC governance on its public blockchain.

[{"selector":"#anim-1eda2569-a5d9-402c-8deb-93fe5486b563","keyframes":{"transform":["translate3d(-153.49999%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-79a6e654-29eb-4994-bf18-171ceb2775d6","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-da9fe1d0-de2e-4060-a01c-60bf785c8808","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

CBDCs compromise blockchain's ideals, raising concerns about government misuse.

[{"selector":"#anim-89c9914b-1cc0-48f9-8b8e-13770c681308","keyframes":{"transform":["translate3d(-133.50001%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b4117c16-814b-4f00-bf17-00ee1bd4886f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-461d8552-20f9-4e0a-b74c-ade8477f0174","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

Cryptocurrencies offer fast, low-fee transactions, making CBDCs unnecessary and risking authoritarian normalization.

[{"selector":"#anim-6a045b8b-c471-45fc-9d4c-f5a40bee9837","keyframes":{"transform":["translate3d(-145.5%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-90a3aad1-ddd4-412d-b646-f82954be400d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cee4357d-116b-48cf-bacf-b4e0b19b3521","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]