A Venn diagram comparing the characteristics of Central Bank Digital Currencies (CBDC) and Bitcoin.

A black background Venn diagram with two overlapping circles. The left white circle lists features of CBDC like unlimited supply, centralization, and privacy invasion. The right orange circle lists features of Bitcoin like limited supply, decentralization, and privacy consciousness. The overlapping section lists common features such as money, digital, and durable. A bank icon is on the left and a large Bitcoin logo is on the right.

CBDC BITCOIN • UNLIMITED SUPPLY o Susceptible to inflation • CENTRALIZED o Ruled by rulers, single point of failure • OPAQUE MONETARY POLICY o Variable rules determined by people • CLOSED & PERMISSIONED o Access and availability determined by policymakers • RISK OF SEIZURE o Policymakers can manipulate funds under "Emergency Acts" • PRIVACY INVASIVE o Financial surveillance down to the individual transaction level, with the potential to be exploited for behavior modification based on habits deemed undesirable, aka Social Credit Score • ENABLES CENSORSHIP o Parties in control can exert influence and control to restrict access, limit usage, and edit, reverse and block transactions. MONEY DIGITAL DURABLE ACCEPTABLE PORTABLE DIVISIBLE UNIFORM • LIMITED SUPPLY OF 21M o Cannot be debased • DECENTRALIZED o Rules without rulers, no single point of failure • CLEAR MONETARY POLICY o Fixed rules determined by math • OPEN & PERMISSIONLESS o Anyone, anywhere can freely use it • UNCONFISCABLE o No risk of seizure, if keys are stored correctly • PRIVACY CONSCIOUS o Pseudonymous: transactions appear on a public ledger, but addresses are not linked to identity • CENSORSHIP RESISTANT o No one person or group of powerful people/governments can prevent anyone from transacting, or edit/reverse transactions @thecryptoc0up1e