To make what we think they want to do with crypto tech, they need one single worldwide CBDC (WCBDC), not many different local CBDCs (LCBDC). It have no any sense, since local banking already fully control all payments made digitally - cards, swift, transfers, whatever. State already have all necessary tools to implement everything they declare LCBDC will allow. But that does not solve a problem with offshore banking at all.

So, all that LCBDC hype in the worst case is some promo of future WCBDC, or just regular money laundering.

Last time I checked LCBDC claims, as far as I could dig any details, it was obvious that they are different and even use different algos. They are incompatible. It would be nearly impossible to somehow join all LCBDCs into WCBDC.

I think the sign of beginning of implementing real WCBDC will be when LCBDC hype will silently vanish. That will mean that they finally ready to roll out WCBDC. May be they will even declare a "failure of LCBDC" or "evil hackers hacked LCBDC", that's why countries should surrender visibility of LCBDC independence and accept WCBDC from IMF or some other entity. Hmmm. I think they will create another new entity in charge of WCBDC, to create new high salary "jobs" for their relatives and ass givers.

To make what we think they want to do with crypto tech, they need one single worldwide CBDC (WCBDC), not many different local CBDC (LCBDC). It have no any sense, since local banking already fully control all payments made digitally - cards, swift, whatever. State already have all necessary tools to implement everything they declare LCBDC will allow. But that does not solve a problem with offshore banking at all.

So, all that LCBDC hype in the worst case is some promo of future WCBDC, or just regular money laundering.

Last time I checked LCBDC claims, as far as I could dig any details, it was obvious that they are different and even use different algos. They are incompatible. It would be nearly impossible to somehow join all LCBDCs into WCBDC.

I think the sign of beginning of implementing real WCBDC will be when LCBDC hype will silently vanish. That will mean that they finally ready to roll out WCBDC. May be they will even declare a "failure of LCBDC" or "evil hackers hacked LCBDC", that's why countries should surrender visibility of LCBDC independence and accept WCBDC from IMF or some other entity. Hmmm. I think they will create another new entity in charge of WCBDC, to create new high salary "jobs" for their relatives and ass givers.