I am moderately pro-crypto (I feel like one of the few moderates left but that's another discussion...). But I don't really see the point in CBDCs. The main p

I am moderately pro-crypto (I feel like one of the few moderates left but that's another discussion...). But I don't really see the point in CBDCs. The main points around Crypto conflict with the main points around Central Banks * Most CBs don't like Privacy, and many proposed CBDCs require you to have a single wallet and link it to your real life ID. That's less private than most bank accounts, so why bother for privacy reasons? * Similarly CBDCs are centralised with the CB. They might use a decentalised blockchain etc, but you are completely reliant on the CB to actually convert to fiat. So again, why not just use fiat? * You avoid the counterparty risk that come with (say) Tether, Circle etc. But you have a very similar risk with the central bank. Maybe the central bank are more trustworthy than the average stable coin operator (they are) but what happens when they decide to introduce a negative interest rate, haircut etc? At least other blockchains prevent that and traditional private bank accounts make it very difficult. So what exactly is the point of a digital-euro beyond letting the ECB look like it's "down with the crypto kids" etc?