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?
So, the big discrepancy between why people are concerned and your questions has to do with the use of CBDC, rather than the technology. The technology is perfectly fine, the idea of a distributed ledger is interesting and can solve some problems, while creating some others, etc.
The issue is that what you're describing is a credit card, rather than a currency. So, for example, I could charge things on my credit card if I am doing things that I am OK with corporations knowing about. If not, I can pay somebody in cash. For example, if I didn't want somebody to know I went to the strip club, I could just pay cash, or liquor, cigarettes, you name it. Or if I am just very privacy minded and I don't want people to know about any of my transactions, I can just pay cash for everything. I can also write checks if I trust my bank to a certain degree and the bank of the person that I am writing them to. This might provide a higher degree of privacy from certain corporations when compared to credit cards, etc. basically I'm in control over my level of privacy and over my money (if I don't trust the bank to keep my money safe, I can withdraw it and if I don't trust that my paper currency is going to be safe, then I can convert it to physical gold or silver without anybody knowing, etc.).
Once a CBDC replaces a currency, The economic system using that currency becomes something of a panopticon. Worse than that, if the government or other controllers of this currency decide to take your money, there's nothing you can do to preempt that risk or prepare for it. They will just take it. Right now, you can go to the bank and withdraw an extra $10,000 and keep it in a safe, if you're worried about some "digital covid" hack or other systemic risks. Once everybody is using a centrally controlled digital currency like this, there will be no privacy ever again. Everything you do that is done with the money and will be known directly by the government. It's no longer that you'll have to worry about Amazon reporting you as a prepper to the government; the government will see everything you do and when they decide that "wypeepo is systemically racising blax", then they'll just take 10% of your money and give it to black people, or gays, or whatever other group of people suits their needs.
More importantly, regardless of whether or not you believe that the government or any other entity would ever do any of these things, simply giving them the ability to is no different than turning all your guns in and trusting the government will never do anything to hurt you.
Cash is not a currency too. That paper thing in your pocket clearly state that it is a note that some amount of currency (dollar) belongs to the holder. Banknote is not a dollar itself, it is only officially accepted representation of it. So with card/bank account (a record that some amount of currency belong to account owner) or CBDC (same as with account, but the record is in blockchain, not plain old database).
Then you can't do all things you described in previous part. Just like if you have a bank/card account and cash is prohibited. Where is the place for CBDC here? How CBDC with prohibited cash is different from cards with prohibited cash?
And tomorrow they declare old banknotes no longer valid. Or change their value. Or ban them. Or force everybody to hand them to the banks.
What is the point of CBDC here, again?
If you are miss something, I could tell you that most sheeple happily use cards for everything. And even not a cards themselves, that theoretically could be given to another person, but bank apps in cellphones. And modern sheeple will never separate with his phone. There are no any privacy already, with regular card/bank accounts. CBDC will add absolutely nothing to it.
And why CBDC needed for that if they could easily do exactly the same with card/bank accounts? They could take 10% from your card, they could make all your purchases withdraw 10% more money from card, they could do everything you could imagine, you know, that computer things, they make such things much simplier.
They are already able to do all that things you afraid of. With your current card/bank account. And already did multiple times.
Also, notice how you unconciously limit the amount of cash you can withdraw from your card/bank account to $10k. They literally easily do everything they claim they will be able to do with CBDC. I found that, at least, very suspicious.
I think CBDC thing is completely another rabbit hole, not one they want to pose it. Or huge distraction from something we do not notice.
CBDC, like, e.g., ETH, is designed to be programmable, trackable, and non-fungible.
Fungibility is not a neologism or some kind of debatable topic. It is an economic principle that as well understood, along with its affects on privacy and freedom.
US dollars have serial numbers on them, making them, in theory, nonfungible. However, in practice, they are fungible, because it is practically infeasible to get everybody to scan those serial numbers during every transaction. Even if such a scheme was put into place, criminals could simply meet in the town square and exchange random bills from their wallets and ruin any semblance of accurate transactional reconstruction.
I mentioned a $10,000 withdraw, because that is a realistic amount of money that many many ordinary people could potentially withdraw (how many people do you know that have hundreds of thousands of US dollars in their checking account - that answer is 'not many', given that the average American has just over $1000 in SAVINGS). So, would the currency only be good/legit if you could withdraw 8 million dollars? How about a novemdecillion dollars? Is there a specific number that makes it a real currency, or is it a continuum? If it's a continuum, I'd much rather have some degree of freedom and privacy and ability to take my money out of the system than have zero ability.
By your logic, even though the second amendment protects American citizens' rights to keep and bear arms, since we aren't allowed to have nuclear ICBMs, we might as well give up the second amendment, entirely. It's all just binary, no continuums, no nuance, etc.?
If the government says, "if you want to sell gold, you need to fill out this form so that we can make sure we track it", then somebody can make a decision about their risk exposure by sneaking and selling their gold without filling that form out. That person will receive cash in return, and the risk remains in their hands. The most freedom would be not having to do this process at all, but the least freedom would be a scenario where it wasn't even possible to do the transaction without filling the form out, because the currency was programmed to disallow it.
What I'm describing now is another well known concept, called "perfect enforcement". Perfect enforcement is a concept that is considered to be one of the most tyrannical mechanisms imaginable. Another example that's easier to reason about (compared to CBDC) is speeding in your car. Currently you have the freedom to speed, but if you are seen by a police officer, depending on speed you are going in the circumstances on the road, you might get a ticket, because the roads are publicly owned and there are rules. Would you rather have that scenario or a scenario where your car prevents you from going 1 mph over the speed limit, regardless of your tolerance for risk? How about your car let you go over the speed limit and then automatically deducts a $100 ticket from your bank account, every time you go above the speed limit.
So yes, the bullshit inflationary currency that we have right now is not ideal, but it can (and will) get a lot worse.
If you dig deeper in that terms, you will find out that there is no any problem with that things in card accounts too. Programmable - easily. Dtabase triggers and procedures are not a new things at all. Trackable - there is no problems of tracking anything in database. Non-fungible there is no problem in adding a column with unique number.
Obviously, there should be no any limit on sum of withdrawal. As on sum you could keep with you in travel and so on.
Seriously - yes, I think there can't be any limits on the owning of any tech. Use of tech outside your property - may be. But definitely not owning. It is just basically stupid. No government could prevent me from building and owning fusion reactor. And even from using it in my property. But it will be wrong thing if I will take my fusor and run it at voltage level when it began to shoot fast neutrons in a pub.
But how CBDC is different in that from regular card/bank account? If they want, they could right now implement such limit on card/bank accounts to prevent buying more than 2 rolls of toilet paper, f.e. Just in a second. And CBDC adds nothing to that ability.
Of course you could hack that system in car, or go to the black market trade of toilet paper, but you will be able to do it regardless of CBDC existence.
That is exactly like many road camera systems work in some EU countries and nearly same as it work in Russia (fine does not deducts immidiately, but if you will have too many unpaid, it will). Without any CBDC at all.
And why they need CBDC for that, when they already have card/bank account system? I still don't get that. Not what they want to achieve with CBDC, but why they need CBDC when they already have everything needed in place. That is my question, not how CBDC planned to work and so on.
I answered all of this already in the gp comment.