Politely, XRP is nothing close to a CBDC. RLUSD would be the closest. Trump signed an EO banning a US CBDC. I understand you’re a purist and want to hide your dollars from the government. XRP is a bridge asset that can convert any currency in 3-5 seconds. Oil was recently traded between the UAE and India using XRP.
Not to sound too crazy. But, I think the entire banking and financial institutions are going to rapidly adopt blockchain. (JP Morgan has over 90 blockchain patents) DeFi and TradFi are about to merge very soon in my opinion. Bank of America recently used blockchain internally until Gensler and the SEC started “Choke Point” against the crypto community. I don’t play meme coins, but there are more than a handful of cryptos with real world utility.
Not to be a contrarian, but, blockchain in these government programs would help eliminate fraud, waste, and abuse. I don’t think the physical dollar is going anywhere, but there will be multiple stable coins pegged to the US dollar that allow the public to on ramp into the digital world. The US is behind in this digital world bc of Choke Point 2.0. And the Biden administration . Several in the crypto community have been asking for regulatory clarity. Hopefully that will come in August. Whether we like it or not, it’s coming. Plan accordingly.
I’m trying to remember who else mentioned Hammer and score card. I was thinking Sydney Powell maybe. Did Mike Lindell mention them at some point? Info was screaming at us at neck break speed right after the election.
XRP currently has 17 ETF’s filed while currently under litigation with the SEC. For reference, BTC has 11.