This one scares me a bit.  I don't think government-backed cryptos are a good idea at all, but I'd hate to see them spread to North America where I live.  It's bad enough that banks can track all your financial transactions if you're using a debit card or checking account, but to have the government itself be able to do the same?  I would definitely not want to give up that much privacy to a government that I don't trust, and certainly not one with Donald Trump as the head of it.

IMO people should be protesting this, but my guess is that most people don't even understand what these proposals are all about since most don't understand what cryptocurrencies really are.  Governments have a long history of getting laws and similar things approved without much protest (think Prohibition in the 1920s in the US), but I do hope there's at least a little resistance in the countries which seem to be moving toward government-backed cryptos.