>I haven't seen any government want to use blockhains or anything decentralized for their CDBCs. They are not a copy of cryptocurrencies. Wrong, they are. Just

>I haven't seen any government want to use blockhains or anything decentralized for their CDBCs. They are not a copy of cryptocurrencies. Wrong, they are. Just because you haven't seen or studied it, doesn't mean it isn't so: The United Kingdom wants CBDCs[0] for a while now and guess who is helping them in developing those technologies? Blockchain companies, because CBDCs are heavily inspired by prominent blockchains and their innovation of programmable money. So please read correctly what I've actually written "to copy cryptocurrencies for their own CBCDs but stripping it from everything that prevents them from having full domination* over their respective populations" - Of course they would not want to copy the decentralization property because they want to maximize their power. governments only want to copy those properties which help them in that regard as I already explained. >There are countries that issued their own cryptocurrencies and it didn't really work out. So what? Cryptocurrencies are not a miracle cure that will fix a broken economy. We have already seen what every nation on the planet does when they can arbitrarily print money out of thin air, they abuse it, every single one of them. Cryptocurrencies can only help a nation that actually wants to act rationally and is not corrupt to the core. >It is more appropriate to consider CDBCs to be the digital equivalent to cash. Wrong. Cash is anonymous, which governments do not like at all, that's exactly the reason why CBDCs are the authoritarian ruler's dream tool. It gives them full control via programmability, eliminates privacy and establishes a surveillance capitalist dystopia. [0] https://www.youtube.com/watch?v=0u8eZcPnWeU https://www.youtube.com/watch?v=0u8eZcPnWeU