Imagine you are living in a country where cash and other traditional forms of currency are scarcely accessible. The only form of money that is readily available is Central Bank Digital Currency (CBDC), a digital representation of your country's sovereign currency.

Suddenly, your central bank issues an unexpected order, imposing an indefinite restriction on the purchase of any cryptocurrencies from exchanges. The reasons for this sudden prohibition are unclear, leaving citizens puzzled and concerned about the financial implications of this directive.

In this setting, your financial flexibility is significantly constrained. You can no longer diversify your portfolio with cryptocurrencies, nor can you leverage them for transactions that require a degree of privacy or decentralization. This new policy underscores the prominence of the CBDC in your country's financial landscape, reinforcing the central bank's control over the economy.

What are the implications for the country's financial system and the people? How do you imagine the scenario if this happens?