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Sequence vs UUID

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Hello, We were trying to understand whether we should use UUID or Sequence in general for primary keys. In many of the blogs(one is below) across multiple databases, I saw over the internet and all are mostly stating the sequence is better as compared to UUID. But I think in the case of concurrent data load scenarios UUID will spread the contention point whereas sequence can be a single point of contention. 

So we want to understand from experts here, if there are any clear rules available or if we have any pros vs cons list available for each of those to understand the exact scenario in which we should go for one over other? Basically I wanted to see if we can perform some test on sample data to see the percentage of overhead on read and write performances of the query in presence of UUID VS Sequence to draw some conclusion in general? And also considering open source postgres as the base for many databases like redshift etc, so the results which apply to progress would apply to others as well.

https://www.percona.com/blog/2019/11/22/uuids-are-popular-but-bad-for-performance-lets-discuss/


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