What does Bitcoin have to do with CBDC? Through this a country starts flowing from its reserves into the market in the form of digital currency. It is the digital form of fiet that corresponds to the total wealth of a country. Its relationship with Bitcoin is that the concept of digital currency comes from Bitcoin. Many countries are trying to implement Bitcoin as a CBDC as an alternative to fiat, but due to the volatile nature of Bitcoin's value, alternative methods are being explored.