Chinas CBDC will be linked to you Digital ID and the money will have an expiration date. Another case where Crypto will be seen as the way better alternative to CBDCs.

A CBDC, a Central Bank Digital Currency, is a digital currency that will be issued by a central bank, the banknotes there can be “printed“ with literally no costs whatsoever, opposing to the printing costs of fiat. It would basically give governments and especially banks a lot more power as they could froze your assets whenever wanted and to track literally all activity of you.

​

Excerpt from Bitcoinist site

China is even coming up with a new decision here, the money on your account could have an expiration date according to Bitcoinist and Bitcoin Magazine. Even if not, China would absolutely have the capability to impose that any time.

​

Article from Coindesk about revamp of failed Nigeria CBDC

Article from CoinDesk

Already in countries like Nigeria where the eNaira released, they even imposed a withdrawal limit on ATMs but still people did not use their CBDC but instead way more used Crypto. The usage of Crypto in Nigeria has sky-rocketed in Nigeria meanwhile.

Which could makes us expect that any CBDC coming out will face some rejection by the people, then the government will impose stricter laws ultimately sending their people to the alternative: Crypto.