Fair comparison if the use of the term CBDC is used rhetorically rather than accurately

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That’s what I was trying to get at. It’s obviously not issued by a central bank, but in practice, is the user experience the same or similar…

It's more about user risks rather than experience in that case

So we can just talk in terms of how much trust we're putting in a third party

The experience of being surveilled, taxed, controlled

Will definitely matter when the user actively faces those actions