Combining Bitcoin’s Best Attributes With Features of Established Fiat Will be Revolutionary: Deloitte
Deloitte believes Bitcoin and cryptocurrencies can help deliver a payment system that is fast, secure, effective, can facilitate efficient cross-border transactions, but there are challenges to overcome first. The analysis also demonstrated that the foundation of a “state-sponsored cryptocurrency” or a CBDC will be very much similar to Bitcoin.
According to the analysis, important players in a potential state-sponsored CBDC would entail central banks, banks, end-user, and exchanges.
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