[tadfisher]

I don't understand how CBDC would do either. I was under the impression that a CBDC would be an instant interbank transfer mechanism, so it would be replacing ACH, not bank accounts or cash. If that's correct, then a CBDC would give the government exactly the same visibility into money flow and financial information as it currently has, given that the Fed runs ACH and the central banking system.

[eternalban]

(I have not read the specs so you should verify) My impression is that you no longer need a bank account. That is one of the selling points for addressing access to money for those who don't/can't have bank accounts.