Technological developments have encouraged the government to innovate to make it easier for people to make transactions. Cryptocurrency technology has opened the eyes of the government to increase public interest in official money issued by the government, the popularity of Bitcoin and other crypto assets has made the government launch CBDC.

CBDC can only be accessed through the internet network, imagine if the internet is not available in some areas, people cannot make transactions if banknotes are no longer in circulation. The presence of CBDC to facilitate transactions, CBDC and paper money will work side by side without having to eliminate one of them because both have their own advantages and disadvantages.