[migsvult]

As other have pointed out, most money is already digital. This is really about retail bank accounts at central banks, and how how this gives policy makers additional tools.

Which..... seems fine? As long as companies can build products on top of this system, and as long as people can diversify across various types of e-dollars and the existing set of securities, it sounds pretty good.

And for the parts of the world where few people have bank accounts, it sounds like an obvious big win.