Everybody is saying it

If you have to intentionally "reduce the attractiveness" so your CBDC doesn't destroy the economy, maybe it's just a bad idea in the first place.

South African Reserve Bank deputy governor Rashad Cassim recently reiterated that while a retail CBDC was technically feasible, there was no compelling case for introducing one.


https://cbdctracker.hrf.org/

Around the globe, governments want CBDCs because they want to shut down the rise of bitcoin, stablecoins, and other cryptocurrencies.

ECB's Lagarde pressures Parliament to support the digital euro ahead of tomorrow's vote while saying she's not pressuring them.

Wow! I just noticed I have nearly 1,000 followers on here. Ya'll are amazing. At this rate, I'll have more on here than on X soon.

Thank you all for the support and for keeping Nostr strong!

Everything central bankers have said a CBDC will do:

Expand financial access to the unbanked.
Improve the application of monetary policy.
Increase the speed of payments.
Improve cross-border payments.
Increase competition.
Increase financial system resilience.
Enhance financial stability.
Create programmable payments.
Increase financial surveillance.
Stop sanctions evasion.
Evade sanctions.
Enhance government payments.
Enhance the digital transformation of the economy.
Strengthen the international role of currencies.
Prevent the use of cryptocurrency.
Prevent dependency on foreign payment services.
Establish universal acceptance.
Compete with private services while also not competing with all private services.
Replace cash while also complementing cash.
Create a free option for consumers while still paying businesses’ fees.
“Future-proof” the economy.
Reduce currency fragmentation.
Reduce costs for businesses and consumers.
Create a foundation for financial innovation.
Prevent discrimination against central bank money

If you believe them, I have a bridge to sell you.