kaal:claim:3808873-005

Decentralized issuers treated central bank issued digital currencies as a threat rather than as a pathway to mainstream acceptance of more decentralized cryptocurrencies, and that misreading forfeited a route to broader adoption.

Source quote, verbatim
Rather than seeing the central bank issued digital currencies as a pathway to mainstream acceptance of more decentralized cryptocurrencies, the decentralized issuers of digital assets and their community perceived their centralized counterparts as a threat.
From

Wulf A. Kaal, Decentralization Neutralizers (2021), I. Introduction, p. 6
https://ssrn.com/abstract=3808873 · source PDF

Cite as

Wulf A. Kaal, Decentralization Neutralizers (2021). SSRN: https://ssrn.com/abstract=3808873

Holds when
Classification

failuresupport: arguedfailure: CBDC Threat Misreadingfamily: adoption-and-usability-barrierinstitutional-design

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