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Difference between central bank digital currency and cryptocurrency

Written by Bella Oct 21, 2021 · 5 min read
Difference between central bank digital currency and cryptocurrency

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Digital currencies offer much more flexibility than traditional government currencies.

Cryptocurrency transactions are private. This is the opposite of. Cryptocurrency transactions are private. Digital currencies offer much more flexibility than traditional government currencies. For example you can send a digital currency to anyone. Your funds cannot be confiscated.


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