EDIT: Thank you so much for your comments and questions everyone. There are so many people around me who don't get the magnitude of this situation. Seeing the number of you discussing this on here gives me spirit and strength! All it takes is for people to Question what is happening. Discuss it with your family and friends. Plan and act accordingly.
https://files.catbox.moe/le9u1j.mp4
WWG1WGA!
The Fed Is Getting Ready For The Next Crisis | Uneducated Economist
https://www.youtube.com/watch?v=deNbya8rpEg
https://files.catbox.moe/0urb6v.mp4
The Federal Reserve Will issue their CBDC with the introduction of FedNow expected to rollout the middle of 2023.
Technology, Innovation, and Financial Services By Governor Michelle W. Bowman
https://www.federalreserve.gov/newsevents/speech/bowman20220817a.htm
https://archive.ph/NrLay#selection-5023.444-5023.544
About the FedNowSM Service
You need to understand what CBDCs are and how they are different from crypto and decide which one you will allow.
CBDCs Vs. Cryptocurrencies: Side-by-Side Comparison!! | Coin Bureau
https://www.youtube.com/watch?v=Vb1Y760Sazc
https://files.catbox.moe/rryjup.mp4
This Is How They’ll Convince America to Adopt a CBDC | Heresy Financial
https://www.youtube.com/watch?v=EtNxyQMN76Y
https://files.catbox.moe/hxxmuj.mp4
Crypto Holders WATCH OUT!! THIS Is The Future THEY Want!! | Coin Bureau
https://www.youtube.com/watch?v=To5ek8F7zIQ
https://files.catbox.moe/zwgmb0.mp4
Developed by Ripple partner Accenture. Invest accordingly. All the money flows through XRP Ledger.
So now XRP is bad?
Says who? I didn't accept OP's premise. XRP Ledger is open for anyone to use and develop on. It's the fastest major crypto, cheapest major crypto in terms of fees, built in DEX, side chains exist where CBDCs are built that can have their own set of rules and permissions, native NFT support is about to go live, Flare is about to go live (if you don't know what that is, learn now).
XRP is the best tech of all the majors. Yes the WEF IMF BIS ECB FED etc know this and already have tested the heck out of it in preparation for it to be a global convertible bridge currency.
It's a sleeping giant right now. When this thing wakes up (soon) it will make 2017/18 legendary XRP bull run look like piddly-squat.
No, I don't think it's bad at all. I think it might just save us from WW3 and a prolonged economic depression. Those who get left behind missing the biggest transfer of wealth in generations might resent it a little, though. That includes haters and BTC maxis.
So you showed Ripple partner Accenture is developing the CBDC.
How would XRP save us from WW3?
What is the tech that makes XRP better than competing cryptocurrencies?
Are there plans to make smart contracts on XRP?
How does governance and protocol upgrades work on XRP?
XRP is obviously better due to being a micro-fraction of the cost of other blockchains in fees, 3-5 second settlement time, and zero downtime, hacks or issues at all in over 10 years.
It's also better because it's not controlled by whales or miners. This is important for actual banks, nations and institutions. They want to know & trust who runs it. At the same time, enemy countries and competitor banks can run nodes and they don't have to trust each other. In real terms, it's among the most decentralized networks among major layer 1's. Much moreso than BTC, ETH and almost all POW/POS blockchains that are largely centralized in the hands of miners and whales.
Smart contracts... "Hooks" is already a feature of XRPL. Flare is about to take that to the next level. Also there are XRPL side chains... that can have EVM capability (for example) without bogging down the main Ledger.
Governance is by majority vote on the consensus nodes. Usually when Ripple proposes an upgrade, it passes. Although, for example right now they are working to add more robust NFT support to the Ledger. This was proposed by Ripple but they still don't have enough votes to pass it. It will likely pass soon, but anyway, that's how that works.
As for WW3... use your imagination. What has the narrative been about Russia and BRICS using blockchain to "evade sanctions" or create an alternative to the USD as a global reserve currency? Do you know how many nations are on board with Ripple and XRP right now? Do they even actually have another realistic option?
I'm really just showing you the tip of the iceberg here. You'll watch this play out in real time. One by one they'll fall (not all) and by then you'll have missed out.