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Bitcoin well positioned to help governments create cheaper CBDCs: Deloitte -Breaking

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© Reuters.

Deloitte’s new report highlighted the (potential) of financial services firm Deloitte.BTCAs a starting point, you can create an ecosystem that is cheaper, more efficient and safer for central bank digital currencies or electronic fiat (CBDCs).

Deloitte’s analysis, “State-Sponsored Cryptocurrency,” Pointed out the need for a complete redesign of the traditional fiat ecosystem to overcome the impending issues of being “slow, error-prone and expensive relative to performance in other high-tech industries.”

Differences between CBDCs & Bitcoin. Source: Deloitte