[0x64]

>A CBDC will eliminate any argument for crypto

So a US CBDC will be decentralized, permissionless, transparent, non-censoring, and run on open-source software based on an open specification?

[jqpabc123]

No, it will a be a stable currency that people actually use without even thinking about it to make instant money transfers at zero cost.

[0x64]

Because stable currencies do not exist in the world of cryptos? Dai [1], Rai [2], and USDC [3] are some examples that are all stable, and all dramatically different from each other.

Fees are currently as low as $0.03 on Ethereum layer-2 solutions (!= side-chain) [4]. The fees will further fall as the technology improves, and once L1 gets (data-/dank-)sharding and other L2-scaling oriented upgrades.

[1] https://makerdao.com/en [2] https://reflexer.finance [3] https://www.circle.com/en/usdc [4] https://l2fees.info