• kirklennon@kbin.social
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      9 months ago

      CBDC is blockchain based, i.e cryptocurrency.

      A CBDC can be blockchain based, but almost none actually will be. China’s isn’t. Japan’s CBDC is not. In the US, the Federal Reserve is still in early stages but I’m confident it won’t use blockchain either.

    • bhmnscmm@lemmy.world
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      9 months ago

      I stand corrected. There is literally no functional difference between “currency” and (at least some) crypto.