After the recent outages in Spain etc, which brought commerce to a standstill, I hear the EU has been crowing that if we had the CBDC this wouldn't be a problem, as it will work without electricity.
I have long wondered whether Bitcoin will likewise function without electricity - peer-to-peer by phone etc? And how about Blockstream satellite? My technical knowledge is limited on this subject.
If they had CBDC, the difference will only be small likened to the tradition fiat note they have been using, they just request for a digital form, but here they got it all wrong because they will still at the end got in the same mess with the corrupt financial system being under a centralized authority, but when we talk of bitcoin, there is nothing needed to maintain the use of a wallet, the network works under blockchain and then there is no way we can be put on hold in using an irreversible transaction, they would have suggested bitcoin instead, but with this, i still believe it a way getting closer.