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 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?
Why did DARPA create the "internet" when they could already achieve what they want with telegraph/phone lines + satellite comms?
You're only looking at the foundation, not what could be built upon it. And what could be built upon it is hard for us to imagine, and how it simplifies things on their end. The foundation is, of course, going to be at parity with the current tech.
We do this in the software world: rewrite things to make things easier to manage while the first version of the rewritten software is just at parity with the legacy one.