Base on this press, it was said the first CBDC launched in 1993, if CBDC is really a great invention, why the system was dropped and at that time CBDC weren't popular?
When Bitcoin become successful and it has been discussed in everywhere, why the government is trying to talk and issuing CBDC during this time? obviously they want to compete against Bitcoin and trick many Bitcoin's naysayers to buy CBDC.
Even the purpose of Bitcoin is against Bank, but Bitcoin didn't force anyone to buy Bitcoin and avoid banks, it's already clear which one is the trojan horse.
Central bank digital currencies (CBDCs) are digital versions of cash that are issued and regulated by central banks. As such, they are more secure and inherently not volatile, unlike crypto assets.
While some may assume that CBDCs are a new concept, they have in fact been around for three decades. In 1993, the Bank of Finland launched the Avant smart card, an electronic form of cash. Although the system was eventually dropped in the early 2000s, it can be considered the world’s first CBDC.