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TheNewsCrypto

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Deutsche Bank Poll Reveals Widespread Public Skepticism Toward CBDCs

  • A recent poll conducted by Deutsche Bank reveals that 44% of people would prefer to use cash rather than Central Bank Digital Currencies (CBDCs).
  • The survey included 4,850 participants from the US, UK, and Europe, and found that 59% of respondents believe cash will always be necessary.
  • Privacy concerns were cited as a major reason for the public's hesitation to embrace CBDCs. 21% of participants expressed a preference for private cryptocurrencies like Bitcoin.
  • While central banks are exploring CBDC use cases, user mistrust remains a significant obstacle to widespread adoption.

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