As more people have become aware of the risks of central bank digital currencies (CBDCs), more people have become confused between CBDCs provided by the government and cryptocurrencies provided by the market. It’s understandable that the two ideas may be confusing at first glance, but the reality is that CBDCs and cryptocurrencies are near opposites. CBDC vs Crypto 101 To begin, what is a central bank digital currency, or CBDC? As the name suggests, it would be a digital currency provided by the government. It is a direct liability of the central bank. In the United States, a CBDC would be a digital form of the U.S. ... (full story)