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Central bank digital currencies (CBDCs) utilize technologies to digitize a country’s official currency. Governments are increasingly examining CBDCs with the goal of having them play an integral part of their economies due to their many potential benefits despite a myriad of detracting factors. The use of blockchain, distributed ledger technologies, and cryptocurrencies could also act as a store of value for individuals much in a similar way that El Salvador legally recognized Bitcoin as legal tender in June 2021. The development of a CBDC, particularly if established jointly or via, would be a temporary solution to the current power dynamics between Israeli and Palestinian authorities.