Imagine money, but completely digital! Governments are making their own digital money called Central Bank Digital Currencies (CBDCs). These are different from Bitcoin and other cryptocurrencies.
- CBDCs are like digital cash, controlled by governments.
- They're safer and more stable than Bitcoin because their value doesn't change much.
- People and businesses can use them for everyday payments easily.
| Feature | CBDC | Cryptocurrency (like Bitcoin) |
|---|---|---|
| Who makes it? | Government | No single person or group |
| Price Stability | Very Stable | Changes a lot! |
| Use | Everyday payments | Investing mostly |
CBDCs are becoming more popular worldwide because they're secure and easier to use than carrying cash.
