One digital asset class will increase Bitcoin’s appeal, according to the CEO of DeVere Group.

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The use of cryptocurrency will increase as a result of central bank digital currency (CBDC), according to Nigel Green, CEO of the financial advisory firm deVere Group.

Green claims that the advantages of Bitcoin and other cryptocurrency assets will be highlighted by governments all over the world adopting CBDC.

Governments would probably use the justification that privacy concerns are overblown to defend CBDC against the criticism, according to Green.

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