Eli5 What is CBDC and the difference between CBDC and current digital Fiat?

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Ppl are talking about new CBDC but the current Fiat system has been running digitally for decades now, what’s the difference and why all the fuzz?

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CBDC is programmable money, which means that every dollar you possess is monitored and controlled. if the government decides that you cannot spend your money in certain places, you won’t be able to do so and more.

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