In it's core essence, so looking at the original, Bitcoin,
crypto is "simply" a money replacement..
But then in a fair, trust-less, de-centralized fashion.
However BTC has proven to have it's issues,
mainly privacy and energy consumption.
Sure De-Fi brings some interesting technologies to the table
E.g. Smart-contracts, NFTs, ...
However for everyday usage, you often don't actually need all that.
Humanity just needs a fair, trust-less, de-centralized means of payment.
Monero has the core private, fair, trust-less, de-centralized aspects covered,
sadly not the energy consumption.
Hedera has the energy consumption covered, sadly not the private part.
And with CBDCs promoted on the website, my trust dwindles as-well.
I don't see how you can have an impact on making a CBDC more fair/productive.
Central banks are private companies, who will design their own software.
They currently have the power to increase/decrease money supply at will.
Create money out of thin air, or destroy it again, but as you can see in the charts, they mostly create, which de-valuates ours.
If you think that they will be willing / eager to give up that power,
then you are naive mate..
We can safely assume that the same power (increase/decrease money supply),
will be a core functionality baked into these CBDCs.
Which goes directly against the core principles of crypto,
being to try to take this power away from centralized entities..
Hedera does have a choice, in which light they represent CBDCs to the population.
Currently being a positive light, which in my opinion, reflects negatively on Hedera,
because it means supporting something which goes against the best interest of humanity.
