CBDC
In short
A CBDC is central bank digital currency — the digital euro or dollar, issued by the state. Technically Bitcoin's opposite: centrally controlled, programmable, surveillable.
Advocates promise efficient payments; critics warn of control and censorship capabilities up to expiry dates on money. The debate is political, not technical.
Is the digital euro a cryptocurrency?
No — it may use related technology but is centrally governed and expandable at will: the counter-model.
Related terms
Information, not investment advice. More of this? The newsletter.