But then how do they cross over onto the normal market?
Discussion
the easiest way would be to have a separate ledger. a black ledger.
Right. That does make sense. But how would that get implemented in a way that it can be used on the white ledger without exposing the source being block ledger "coin?"
I'm guessing that, if they use a black ledger, they will want a method to print infinite black coins that can be used on the white coin ledger. But that would have to be evident somehow in the code for the black coins. There's only so much they can hide if they need to interoperate.
You know what, I’m not sure they can pull this off.
Well, yes. They aren't as competent as they think they are, and it's a pretty rickety system to start.
But... They are gonna try really hard.
easy, theyll just change the monetary policy of the chain. ethereum has done it many times.
That doesn't answer my questions, though. CBDCs, by design, are programmable fiat. It can be changed down to the smallest division for any reason.
Say the wrong thing? Your balance gets burned.
Want to buy beef to stay carnivore? You won't be allowed to.
Want to leave your 15 minute city? You can't spend your CBDC in another town/city/whatever.