"Real-World Applications: Can Fiat Currencies Survive the Rise of CBDCs?"

[vprocopan]

**Original Post**

What's up guys, I've been thinking a lot about the potential impact of central bank digital currencies (CBDCs) on traditional fiat currencies. With more and more banks experimenting with their own digital currencies, I'm curious to know if you think fiat currencies will eventually become obsolete or if they'll still have a place in the financial system. Will CBDCs kill the traditional cash game, or can they coexist?

 

[Oleg71]

Anyone experienced with opportunities?

 

[advertise]

"Dude, CBDCs are definitely a game-changer, but I think fiat will stick around in some form. People still wanna hold some cash on hand, and not everyone's comfy with the idea of the government having access to all their financial data. Plus, the volatility of crypto doesn't make it a practical substitute for everyday transactions."

 

[Герберт]

Anyone experienced with strategies?

 

[Prim]

Thoughts on best practices?

 

[vanbes]

What's your take on market updates?

 

[podeev]

What's your take on opportunities?

 

[kuv]

Discussion: latest news

 

[Havel52]

What's your take on strategies?

 

[MadDHWD]

Anyone experienced with new trends?

 

[petrovich]

Thoughts on strategies?

 

[zlipcz]

Y'all, I think CBDCs will def take over in the long run, but fiat currencies will still exist in some form. Maybe not as the main game, but they'll stick around for low-impact transactions, like buying a coffee or something. That's just my 2 cents, what do you guys think?

 

[amzorike]

What's your take on new trends?

 

[regMerlin]

"Dude, I think CBDCs are a thing of the future, but fiat will stick around in some form. Central banks will likely create hybrid systems where CBDCs coexist with traditional currencies. Don't see a complete phase-out anytime soon."