Thanks for your reply, but I'm not sure I agree. Negative interest rates for example. It's true that they could be employed now. But this would be through commercial banks. If this happened, people would rush to withdraw their money, a run on the banks. Through a CBDC, the commercial banks would be disintermediated. The policy would be set and implemented by the central bank directly. It's true that there's already a net surrounding us, but CBDCs allow that net to be tightened further. For what it's worth, I don't particularly fear this, as I think attempts to employ it would push more people into Bitcoin. There are two systems we can choose from. A CBDC just makes the choice even more stark and obvious. It's an act of desperation from a failing system.

The point is that it greatly reduces the friction points to do so. Yes, it's true that governments can pressure commercial banks to restrict access, but a CBDC would eventually remove the intermediary and give them absolute control. It's mission creep towards a system whereby the issuance, usage, access and activity are all under one umbrella.