> If it came down to it, and central banks felt a digital currency posed enough of a threat, they would happily incentivize (or mandate) usage of their own curr

> If it came down to it, and central banks felt a digital currency posed enough of a threat, they would happily incentivize (or mandate) usage of their own currency in order to maintain sovereign monetary policy. They already do mandate it which is why they don't see it as a threat. It's called taxes, fees, and fines. In the US you can only pay those in dollars so there's your demand for their own currency.