The CBDCs concept is quite challenging for the current financial system, it is disruptive of the status quo, banks; which are in a way middle man for the Central Banks; are no longer as relevant for retail banking services, unless I am missing something Banks have to adapt to that concept if they want to survive.

Central Banks, which are in most countries a private bank, will be able to deal with the population directly through digital wallets for deposits and payments for goods and services , even Master and Visa will see their business model threaten by the CBDC...

Because of the above, specifically in the USA, I expected many politicians (lobbied by the financial sector) to push back against the CBDC.

Either way, #Bitcoin will benefit, before and if it succeeds, after as well

-------------------------------------------------------------

Fix the Money, fix the World,

Not your Keys, not your Bitcoin, be Unconfiscatable

Not your Nostr Relay, not your Data, be Uncensorable

-------------------------------------------------------------

#Bitcoin

#BTC

#LightingNetwork

#LN

#TrueMoney

#Nostr