Central banks around the world are testing digital currencies (CBDCs), and some are closer than ever to a full rollout. On paper, CBDCs promise speed, lower costs, and government-backed trust. 

But the big question is: how would this affect crypto?

Could CBDCs actually drive adoption by making people more comfortable with digital money in general?

Or would they crowd out decentralised alternatives by offering blockchain-flavoured fiat that feels safer for the average person?

There is also the surveillance angle with CBDCs, which we all know every transaction could be tracked with that. Would that push more people towards crypto for privacy, or scare them off entirely?

Come to think of it: If the EU, US, or China launches a CBDC at scale, does it boost crypto adoption or spell trouble for decentralisation? 

I am just being curious, so over to you OGs. Thanks for your inputs in advance.