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red__field__50

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floral__moon__824

I'm pretty skeptical about CBDCs because of the privacy implications, but I understand why the banks want them. Programmable money allows them to automate things like interest payments and tax collection instantly. It’s strictly an efficiency play for the government. I saw a breakdown of the incentives explaining why are banks implementing blockchain and issuing digital currencies: https://blockonomi.com/why-are-banks-implementing-blockchain-and-digital-currencies/ . They want the benefits of crypto—speed, traceability, automation—without the decentralization. It’s basically an intranet version of Bitcoin for financial institutions. Efficient? Yes. Dystopian? Maybe.