đ Bitcoin Enthusiasts, Rejoice! đ
A recent Deutsche Bank survey has revealed that while central banks are diving into the world of Central Bank Digital Currencies (CBDCs), cash is still king for most consumers. đđž
The survey, which polled 4,850 respondents from Europe, the UK, and the US, found that 59% believe cash will always be useful, and 44% prefer using it over CBDCs. Interestingly, only 16% expect CBDCs to become mainstream. đ€
Privacy concerns are a significant barrier to CBDC adoption. In contrast, 21% of respondents favored private cryptocurrencies like Bitcoin for better privacy. đđ
As central banks continue their CBDC explorations, Bitcoin remains a beacon of optimism for those valuing privacy and decentralization. đ
