The Bank of England are suggesting that compared to their proposed CBDC.... cryptocurrency is issued "privately"?

So like many central banks, the governance/ ownership set up is a bit odd.

As the bank say...

We’re publicly owned. We are a public body that must answer to the people of the UK through Parliament. We started over 300 years ago as a private bank with shareholders. In 1946, the Government nationalised us because of our central importance to the UK’s economy.

https://www.bankofengland.co.uk/about/governance-and-funding

A private bank for hundreds of years until after the war where the UK like many other countries had massive debts to try manage.

The reason so many question central banks is that although they technically "public".. they are often blur the lines of democracy and private / public operations. For example salaries at the Bank of England are more inline with the private banking sector than they are public servants. The Bank of England governor gets paid substantially more for running the bank than the Prime Minister for running the country.

Despite the people of UK having removed many prime ministers/ political parties through the election ballot box, since 1946 they've never been able to do the same for the the Bank of England or is governor. When governments don't do a good job they don't get re-elected. The banks main target is to keep inflation at 2%..it's still at 6.7%. They've recieved lots of criticism for failing to react soon enough and fuelling/ prolonging inflation however.. they are seemingly bulletproof.

In their CBDC proposal they have said...

The digital pound would not be a cryptocurrency or cryptoasset. As opposed to cryptocurrencies, which are issued privately, the digital pound would be issued by the Bank of England and be backed by the Government.

https://www.bankofengland.co.uk/the-digital-pound

This is coming from the same formally private bank that are paid private equivalent wages that undemocratically printed pandemic billions essentially fueling the inflation.

It also appears people won't be given a democratic vote on if they even want CBDC or not.. the BOE (like many others) are just charging on, spending money on their future roll out.

As we know the vast majority of the Crypto market is Bitcoin and Ethereum. The question is are they really "privately" issued?

I would have said that the source code that determines issuance is open and not controlled by private companies, that the networks themselves are public and decentralized. Appreciate their are some privately issued cryptocurrencies.. but wouldn't have suggested all crypto is privately issued.

I'm sure some will disagree, but I suggest these types of articles by the BoE are just an example of good old fashioned modern day propaganda/ gas lighting. Ones that continue to pave the way and condition the public into preparing for central bank digital currencies. As they sell the idea that they'll be good everyone and that everything else is bad.