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Comment by tim333

2 months ago

Central bank digital currencies are an odd idea that lots of people have talked about but not implemented as they don't really make a lot of sense. It started because things like bitcoin and tether got a lot of traction as mostly unregulated cryptocurrencies and governments thought why have these criminimal using tether - we can issue a government crypto instead. But it doesn't really make sense - if you are going to use something regulated by the government why not just put your money in a bank account and drop the blockchain stuff?