They can impose negative interest rates, which would force you to spend your money or lose it. The government can use it as. A throttle on a troubled economy, if I understand it correctly.
Of course, there are people who say the government would never do this.
If I could post a graphic from where I am right now, I might have the graphic of Dr. Evil saying “Riiiight…”
Yes, that was the term I was looking for to explain what can be done.
Well, they do this now with inflation. A digital currency just lets them do it faster whenever they decide they need to.
The people want a stable storehouse of value, and governments refuse because they cannot control people who have one.