Will BTC be a bigger privacy threat than Central BankDigital Money?
Privacy advocates in the cryptocurrency field have expressed concerns about the lack of privacy in the BTC network and believe it poses a threat to financial privacy. They believe that the open and transparent nature of the BTC blockchain allows governments to monitor citizens' expenditures and other activities. Some are concerned that BTC could be used for widespread regulation as a central bank digital currency (CBDC), while others believe that BTC's decentralization features make it difficult for governments to control.
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Will BTC be a bigger privacy threat than Central BankDigital Money?
Privacy advocates in the cryptocurrency field have expressed concerns about the lack of privacy in the BTC network and believe it poses a threat to financial privacy. They believe that the open and transparent nature of the BTC blockchain allows governments to monitor citizens' expenditures and other activities. Some are concerned that BTC could be used for widespread regulation as a central bank digital currency (CBDC), while others believe that BTC's decentralization features make it difficult for governments to control.