The thing that makes blockchain tech better than the Fed plan is that the ledgers are public. If you know an “address” you can see every transaction. Everyone can see every transaction.
Can you imagine a government where every expenditure is open to public scrutiny?
Fed coins aren’t going to work. Because it’s all secret…they will know what YOU are doing, but you won’t see what they are doing.
May not be crypto as most people know it and it will be programmable. A few keystrokes and they can limit your spending for whatever reason.(think social/carbon credit score) They could even force you to spend by putting a time limit on your funds. Limits on how much you can have as well.
And once more - this thing kept popping up on my YouTube over and over and over - I finally watched the first two minutes
The Jim Rickards Commercial
https://www.youtube.com/watch?v=fCfzQNhi_ns