Central Bank Digital Currencies are coming
Are these proposed central bank “digital currencies” anything more than a centralised or federalised database of who-owns-how-many?And if so, how does that differ from what we have now? That is, in a European country, I have an account with my bank, and my bank has an account with the central bank (or the two interact in some other way).My understanding of the current system is limited, I merely know some large portion of the  issued currency today is without physical representation.