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CBDCs and bitcoin will co-exist for now

Originally published at: https://dailyfintech.com/2021/09/13/cbdcs-and-bitcoin-will-co-exist-for-now/

A couple of months ago, El Salvador became the first nation to adopt bitcoin as legal money. On Tuesday, companies like McDonald’s and Starbucks began accepting bitcoin, making it possible to use the cryptocurrency for everything from purchasing a cup of coffee to paying taxes. Economists, the IMF, and credit rating agencies have slammed the…