The value of Bitcoin is in network security, decentralization, and censorship resistance. What's the value of a CBDC that allows admins to reverse your transactions, close your "account/block your address?
In essence, a CBDC is just fiat with extra steps. They can mint whatever amount they like. The only selling line they'll use for the CBDC is that it's "digitized and fast." What they really want is to be in control.
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