Reading all kind of CBDC propaganda and those who are clearly against CBDC I absolutely can't get something real from that stuff.
Every single feature/option/whatever of CBDC could be implemented using current bank card/account system without single problem. Everything, from any restrictions to programming buying power or whatever. Every single thing that somehow connected to CBDC in everything written about it and posed as threat/advantage by whatever side is a question of a few minutes scripting in bank computers over current card/account system.
So, what is the real point of pushing CBDC crap by TPTB? Money laundering? Creatiing a base for some other narrative unknown yet, like kind of cyber threat fearmongering? What else? Anybody?
They already do exactly the same with regular card/bank accounts without any problems. They could even see what exact groceries you bought in that transaction if you visited any large supermarket. I don't see any need for CBDC here.
You can't create anonymous card/account anymore, if you are not aware. You could only use fake identity to do kind of that stuff, but same way you could make a CBDC account with fake identlty.
What prevents doing that with regular card/bank account? From the technology point of view it does not matter if your account state and transactions stored in blockchain or in regular database. And there is no practical difference between "programming" CBDC or adding a trigger to a database.
What prevent them from doing that with regular card/bank account? Absolutely nothing.
So, again, there is obvious CBDC hype, but none of declared CBDC features are unique for CBDC only. CBDC is absolutely not necessary to implement everything they want, they could easily do using regular card/bank accounts. Even more - it is much easied to add simple small scripts to card/bank accounts to do all their shit, than to design, create and push completely new system from the ground.
So, what's the real point of CBDC? What CBDC really could give them, regular card/bank account can't?
-they would be legally allowed to micro manage it without legal hurdles. They can't do that now. Messing with someones account takes man hours and legalities.
-Because banks don't have the authority to do that they are just a business not a govt entity
-You cannot go negative interest with cash in circulation
They could legally introduce new form of money with all tons of legislations and other law crap, but they can't change some paragraph of current regulation? Are you kidding me?
The borders of "just a business" and "govt entity" is nearly non-existent today. Banks could bribe govt entities and govt entities could force business to do anything. Whoever want level of control they attach to CBDC, they could do that with regular bank/card accounts right now without any problem. Either bribe/lobby govt entities, either changing regulations/laws for business.
First, I'm talking about digital money - bank/card accounts. Second - inflation perfectly do exactly "negative interest" thing with cash. Longer you hold cash, cheaper it become, less things you could buy. Simple al that.
Cash have important property - it could be transacted and hold anonymously. Both card/bank accounts and CBDC couldn't.
I don't understand you. You won't have to wait long for the event to see for yourself.
I think that CBDC is a mokup or distraction of some kind. Because when you go to details about CBDC you will not find a single thing that require CBDC and can't be done using regular card/bank account system.
I don't see any real use of CBDC for those who try to implement it. They already have everything they need to do things they declare for CBDC.
Say, you already have a microwave oven. And then declare, that you have to buy another one, of different brand to do same things you already do with your old one. So why you want to buy new one, if there is no any real need for it? You like another brand? You want to impress somebody? You believed in ads? What is the real reason?