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Switzerland
Wrong, A CBDC could be provisioned on pretty much any network. Including BTC, ETH, Tron.
There are groups working on privacy preserving CBDC on Ethereum.
Mempool isn't a concern. If ETF's didn't happen then the mempool would but full and everyone complaining of high fees. Again.
Onchain + Other layers will provide L1 security.
Many L2s are in development. Stacks, Bob, Starkware, etc, etc.
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Most people in the comments don't seem to understand Jack's depiction.
Jack is stating the BTC network can now support the USD with USDT taproot assets on the lightning network, effectively turning it into a CBDC network.
Similar could be said for any network supporting USD. (ETH, Solana, Tron, XRPL, Near)
I agree the CAD is weak but not EM status.
You can see in many charts that it's much stronger than EM currencies.






