Bitcoin price prediction: Bitcoin could come out STRONGER after central bank showdown

Some analysts may fear CBDC’s could ultimately see Bitcoin pushed out.

But experts believe increased competition from them may ultimately provide a boost.

Writing in Forbes, Sean Stein Smith, an assistant professor in economics at Lehman College in the Bronx, New York, said CBDC’s and the like would “invariably” enter the crypto market.

He said they could, at first, challenge the status quo and attempt to usurp Bitcoin and its counterparts from their leading position.


See also  Health Ministry calls urgent meeting on Monday to discuss new coronavirus strain in UK


Please enter your comment!
Please enter your name here