Good analysis. I am reminded of Romanian dictator Ceaușescu standing before the crowds thinking they love him, but in fact they are ready to overthrow him.

I wonder if most bureaucrats and central banks genuinely see CBDCs the same way: as granting speed, convenience, and benefits to the non-thinking consumer plebs who are crying out for it, not realising that most people in the public actually are totally against it and this is the last straw.

I for one have made a new year's resolution to use physical cash (as well as stacking Bitcoin of course) as much as possible. In my country cash is not common, but I withdraw it twice a week for using in all grocery and day-to-day payments.