"This is the first cycle in which debt will be printed out of thin air to pump the price of BTC."

Legacy financial system is entirely based on printing $ out of thin air. This may be the first announcement that $ will be printed to buy BTC, but it is not the beginning of that inflation.

Because BTC is being accepted by legacy financial system, it is wholly acceptable to that system in terms of the ancillary features of money that system is imposing. The original claim BTC and crypto enthusiasts made about BTC is that it was a means of avoiding those ancillary features of money, the control of the uses for which money had that we define as CBDC today.

The digital ledger will be used to enforce compliance with CO2 budgeting, with antiterror financing requirements (in a market in which dissent is defined as terrorism), probably biometric ID, vaccine passports, all the aspects of CBDCs that made people want different kinds of money than fiat to begin with.

Do understand what utility you expect to gain from having more zeroes on your CBDC.

Thanks!