CBDC (central bank digital currency) are digital representation of a country's official currency managed and regulated by a central bank. The idea is to provide an alternative to digital cash allowing faster transactions and increasing financial accessibility.
Its centralized nature allows the government to directly issue currency to citizens at the whim of central banks
This obviously means that they can not offer the same level of autonomy or censorship resistance that bitcoin offers
The fact that its implementation can lead to potential surveillance and increase government control over finance is something to be worried about.
Considering the fact that bitcoin has earned an high level of trust, security and borderlessness from it user with an inherent monitory policy brings the big question;
Do we really need cbdc now?
CBDC is a currency that governments will be able to create even more easily by entering figures into the system. Printing paper money still costs something, but CBDC will be an even more convenient form of money, which likely leads to higher inflation and reduced purchasing power. To potentially halt inflation, they could limit consumption or implement programmed money—for instance, money that expires after just one month if not spent, effectively erasing it from the system. They could also impose limits on purchases, such as allowing only 3 kg of beef and red meat per month or restricting fuel purchases to 100 gallons. They would determine how much you can spend and what you can buy.