> Plus the fact that it's operated by the central bank (trust!).
I'm far from an expert or even knowledgeable about finance related matters, but isn't one of the things HN (in general) fearful of with respect to CBDC's the centralization aspect with the government. How is this any different, if any?
The entire world of commerce is trustful, pretending otherwise is silly. FedNow just replaces the extant ACH network, and I assume Pix does something similar. This isn't a CBDC, just infrastructure for moving money between institutions - and even within CBDCs there are privacy-preserving ways of implementing it. Reality is far more banal than some of the more extreme perspectives here.
