Crypto vs. Central Bank Digital Currencies: Digital Money and the Future of Finance

In this episode, we unpack the key differences between cryptocurrencies and Central Bank Digital Currencies (CBDCs). You'll learn how cryptocurrencies like Bitcoin operate on decentralized blockchains, why their values are so volatile, and the policy concerns they raise—from criminal use to speculative bubbles. We also explore CBDCs as a government-backed alternative, offering more stability and potential improvements to the payment system. Whether you're curious about mining, monetary policy, or the digital future of cash, this episode breaks it all down in clear, accessible terms.

Source: RBA