also, important to note where the banking centers are. Of course Frankfurt is a big banking center within the EU, as are Luxemburg, ireland, and France. So anything that draws money from commercial banks hurts their economies more than others. This was the point I made long ago on why CBDCs are unlikely to replace the current fiat system: they kill commercial banks, which at this point would no longer hold the citizen's money, which of course is a major source of their capital requirements and a profit center. CBDCs on a wide scale is murder of the banking system. And that system is not only a major foundation of national economies, the more cynical ones among us might point out that they own them and won't allow any such change if they can help it.

This is why there will be no CBDC in the US. In the EU, it's different, as the banking industry is a major part of the economic imbalance among countries in the EU, and many EU countries have little to no commercial banking of their own, which means that their capital flows out of their countries to underpin OTHER EU countries - namely. Luxemburg, germany, and Ireland, to a lesser extent France and Spain. Those EU countries not in this list would not be all too hurt by such a shift, on the contrary. So this is where the fight arises, and why a CBDC is still more likely in Europe than in the US.

Bonus point, the continuing expansion of the EU has been a US project for decades. Using this bloated EU to weaken Europe as a competitor is part of this plan. So making the EU gobble up country after country is a strategy that makes a CBDC more likely, which in turn will strengthen the US banking sector massively in comparison to the EU one.