Strong hypothesis (not theory). IMO, the only problem is that stablecoins and other “blockchains” are probably less secure than the current system of (dare I say, decentralized) banks and credit u...
Treating CBDCs as security upgrades misses the rot. You accept issuer-controlled ledgers after 1971 and 40 years of negative real yields. The threat isn't hackability; it's unlimited, asymmetric control.