It is about a Russian lawmaker that believes CBDCs will gradually displace fiat and traditional banking.
What I think is that it may reduce employment in the traditional banking sector, it will not completely displace all the workers. There will still remain traditional banks for the people who will not abandon cash for CBDC. It may require some new kind of workers with special skills like ICT and then communication for customer relations like customer service to handle all the customer complaints and offer help to customers seeking help with their CBDC. Some people will remain employed still.
Who are the ones behind both the CBDC and the traditional fiat currency, are they not the government, can we control them or have any influence towards their decisions made, what they will always do are things that will go along in their favour, what's the impact of getting employed under a centralized financial institutions and yet you can have anything to show for being employed over years, not even to buy a car or build a house from what you do, bitcoin has come with diverse opportunities both in employment and in financi independencies.
