Oddbean new post about login | logout A lot of people are worried about CBDC's. But in truth, I don't think they can compete with what's already out there. They might try to shut down alternatives, but I don't think they can do that either when push comes to shove.
I guess they do not need to shhut down alternatives. They just have to sell on the media the idea that bitcoin is for terrorists and dope fiends. After that, just offer people 2 new cbdc units for every one spent, or whatever, and the next day there will be a line around the block from the BIS headquarters so people can sell their children for this crap...