The gov has outsourced it to the private sector.
Press Release today about the public/private partnerships selected for the CBDC pilot with the RBA:
#[6]
Discussion
Governments aren’t doing the IT, private sector is
#[6]
Because governments can't.
The design proposition is formulated by the government.
Yeah, the government want to get something right in this case hence they outsource it.
That makes it worse, they’re serious.
But it also means they are serious about creating something that is stupid by design.
There are absolutely ZERO politicians around the globe that creating CBDC in order to benefit with its citizens, zero!
Those who still believe it to be a positive are either crooks or plain stupid, and i’m not sure which is worse…
UK apparently don’t have the staff but they’ve been mulling this over for last 2 years or so…
https://parliamentlive.tv/event/index/5cd9043e-479f-4936-966e-83e835891bdd#player-tabs
The UK with Rishi seem to be furthest along with CBDCs (behind Nigeria). Might have something to do with nearly melting down last year on a Liz Truss announcement..
#[6] covered it well. It showed how fragile this whole mess is and how everything being so interconnected means a domino will cause chaos.