People really need to start thinking about how they’ll navigate governments having CBDCs.

If you think you’ll be able to simply unplug from the system by using bitcoin or gold/silver, and maintain your current standard of living, you haven’t thought this through completely.

If you're worried about "total bank surveillance" (which seems to be most people in this thread), don't. Every single bank you have an account with already has to keep track of know-your-customer information. It's not like the fact that there's a centralized digital currency will give the government more control over you than not. The government can simply tell the banks to hold your assets, put you on a list that prevents payments providers to service you, etc.

The digital currency won't make any of that worse.

The good thing about digital currencies is that'll actually take power away from commercial banks. Right now you need to go through someone like Barclays, HSBC, etc, to get your money. CBDC actually lets you keep your balance directly with the government ledger and avoid relying on banks for everything. This is a good thing.

Beware that commercial banks are obviously opposed to this and will be very vocal about it.

• It will usher in crazy capital controls - even to 'aligned' G7 countries
• It will stop the exits into tokens & coins - without relying on commercial banks to do their dirty work
• It will allow them to steal & freeze assets from ANYONE who resists them
• It will allow them to surveil so much more easily
• It will allow them to implement their carbon austerity Ponzi agenda
• It will allow them to ration quantities of products per person
• It will slow inflation during the next round of printing
• It will give them a backup plan to when they super-inflate sterling (think maduro Petro)