Do you consider CBDC as crypto?

[Aanuoluwatofunmi]

CBDC is not cryptocurrency, it is fiat, its existing only in a digital form and being controlled by the government with the same monetary policy that guides the use of every other fiat physical form of currencies like notes, cryptocurrency like bitcoin is not centralized and will never be, many will have to understand the ways through which they can be able to identify the differences in CBDC and crypto.

[vegasus]

CBDC is not cryptocurrency, it is fiat, its existing only in a digital form and being controlled by the government with the same monetary policy that guides the use of every other fiat physical form of currencies like notes, cryptocurrency like bitcoin is not centralized and will never be, many will have to understand the ways through which they can be able to identify the differences in CBDC and crypto.

Well, just because the government does not want to be left behind by the rise and development of Bitcoin and cryptocurrency in general, that's why they plan to create a CBDC. but it's still actually fiat, they control it, and it remains under their auspices, centralized is still applied in CBDC, very different from crypto which is usually more centralized. but indeed CBDC is also made on the blockchain, it's just that the purpose is quite different. that's why there is still a debate about whether it is crypto or not. but for me, I don't think it is.

[36B]

CBDC is not cryptocurrency, it is fiat, its existing only in a digital form and being controlled by the government with the same monetary policy that guides the use of every other fiat physical form of currencies like notes, cryptocurrency like bitcoin is not centralized and will never be, many will have to understand the ways through which they can be able to identify the differences in CBDC and crypto.

That’s correct, CBDC is a fiat currency created and operated in the digital realm as a central-bank-issued means of payment and can enable governments to provide better control over the money supply. On the other hand, cryptos such as Bitcoin depends on blockchain that is not affiliated to governments or centralized organizations. This is important because whereas in CBDC every single transaction and user balance can be changed or suppressed by the CB, in crypto like Bitcoin, the public transaction ledger runs on an open network that is backed by cryptographic alchemy and consensus from miners or validators around the world. As the warfare of the digital economy intensified some large countries like China with the Digital Yuan have launched CBDC as an effort to manage the process while adoption of cryptocurrencies as per principles of open finance increases worldwide because it is devoid of central manage under the crypto umbrella.

[Celph]

As the title says, do you even consider CBDC as part of crypto currency?

I don't see it as a crypto, just because blockchain technology is used doesn't mean it's crypto for me because the basic essense of crypto I know is decentralisation so anything that lean towards centralisation is moving away from crypto and there is CBDC which is the extreme level of centralisation and not really any different from digital Fiat.

Well,if you look at it, cryptocurrencies are basically digital currencies,i mean, isn't that what defines it?
Anyways,CBDC moves away from the core feauture of most digital cryptocurrencies which is decentralisation.CBDC as a digital cyrrency is basically controlled by the government,individuals or normal bussiness investors can't basically chamge the way the CBDC market moves since the government controls it's movement in thearket and not the investors.
I guess this is where your concern is being drawn from if i am right.CBDC is considered a cryptocurrency since it's digital but it withdraws itself from the sole purpose of most cryptocurrencies which is decentralisation.It is basically more centralised.

[Freemind]

CBDCs are not cryptocurrencies and have absolutely nothing to do with cryptocurrencies for the simple fact that they can be used digitally. I have always thought that CBDCs are another way to control the citizens of any country where they are used since the difference between CBDCs and the credit cards that we use today from our mobile device is non existent.

It must also be taken into account that it is still a system in testing in most countries, and the security problems that will appear during the first weeks (which will be many and very serious, taking into account the current banking system) will cause testing to drag on for a long time.

CBDCs are not an advance, they are a delay in freedoms.

[Azharul]

I think that  you could be discussion a best comment in your post. So i think express your comment is very prefer in this moment. I don’t think CBDC is also a prefer crypto in crypto currency market. If we follow in cryptocurrency market, we can see that CBDC is also including in blockchain technology. But if CBDC contain in fully crypto in cryptocurrency market, i believe that it will be very profitable to starting time in cryptocurrency market.

[gunhell16]

The Cbdc seems to be no different from fiat; of course the government will control the assets that will be held by people who love crypto who will think that crypto will also come under the CBDC. Here there will be confusion among those who do not know about this matter.

If I'm the only one, I don't support that CBDC, so if the government adopts it here, I won't be able to do anything about it, but even if they regulate it here, I will still do everything I can to prevent it from being used. still.

[bitcoin-shark]

I agree that for me too, CBDCs are not crypto currencies, they are just a ploy by various governments to push citizens not to use fiat and increase control over them

[legend45]

The Cbdc seems to be no different from fiat; of course the government will control the assets that will be held by people who love crypto who will think that crypto will also come under the CBDC. Here there will be confusion among those who do not know about this matter.

If I'm the only one, I don't support that CBDC, so if the government adopts it here, I won't be able to do anything about it, but even if they regulate it here, I will still do everything I can to prevent it from being used. still.

I also do not support CBDC, because I want financial freedom and I get it at Crypto. The government can regulate and supervise CBDC, that is a consideration why I do not like and prefer crypto as an investment and transact with crypto.
Because CBDC is no different from Fiat, just only digital.

[malah]

The Cbdc seems to be no different from fiat; of course the government will control the assets that will be held by people who love crypto who will think that crypto will also come under the CBDC. Here there will be confusion among those who do not know about this matter.

If I'm the only one, I don't support that CBDC, so if the government adopts it here, I won't be able to do anything about it, but even if they regulate it here, I will still do everything I can to prevent it from being used. still.

I also do not support CBDC, because I want financial freedom and I get it at Crypto. The government can regulate and supervise CBDC, that is a consideration why I do not like and prefer crypto as an investment and transact with crypto.
Because CBDC is no different from Fiat, just only digital.

We want more of this independent financial freedom, something that crypto presents than CBDCs that are usually controlled by governments. As a result of cryptocurrency, consumers and investors are likely to live freer lives through more transparent renditions of P2P exchanges and investments freed from the constraining digits of control present in other purely digital forms of currency like central bank digital currencies or CBDCs.

[bayu7adi]

I also do not support CBDC, because I want financial freedom and I get it at Crypto. The government can regulate and supervise CBDC, that is a consideration why I do not like and prefer crypto as an investment and transact with crypto.
Because CBDC is no different from Fiat, just only digital.

However, there are some interesting things about CBDC that might make us familiar with some things that are identical to cryptocurrency... the simplest is the execution of p2p transactions using blockchain technology, which is also very influential for the needs of the cryptocurrency community... It is true, CBDC does not offer the privacy that some cryptocurrency enthusiasts dream of, but with the introduction of this blockchain technology, there is certainly a possibility for a few percent of its users to start being interested in learning about decentralized cryptocurrency.