[dalbasal]

I agree that no one in the public cares about CBDC.

That said, it doesn't mean that it's not interesting or impactful. It may be just federated IBAN/SWIFT/SEPA in theory. In practice, such systems matter.

The guts of the financial system are an evolved mess, with all sorts of shadowy institutions, clearing houses and mess in the middle. These end up having impact.

[yownie]

I'd welcome it if it actually provided a benefit to end users but I'm highly doubtful the institutions involved can move at anything but the glacial pace they always seen to.

More concerning for me is the continual "push" by news narratives telling us how CBDC's will bring about a utopia.

[dalbasal]

i'm with you on the pessimism. I haven't quite experienced a continual "push" by news narratives.

I think this is likely just excitement by nerds within the establishment, just like there is outside of it, at all the crypto stuff going on.