Bangko Sentral experiments with digital currency | ANC

Business Outlook: Unlike bitcoin and other cryptocurrencies, the central bank digital currency or CBDC is backed by a country's monetary authority and is less subject to wild swings of crypto.
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[@polongski]

Cryptocurrency is freedom, CBDC is the opposite.

[@jlt4219]

CBDC is the digital representation of the currency that harness the power of blockchain rather than the traditional ledger tech. The transactions will be checked by central bank therefore it is centralized.

[@justinz2451]

Most of the money in circulation is just numbers on screen

[@alastv888]

CBDC will not prosper as it is centralized.