• kirklennon@kbin.social
      link
      fedilink
      arrow-up
      3
      ·
      11 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
      link
      fedilink
      English
      arrow-up
      6
      arrow-down
      4
      ·
      11 months ago

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