Is this a good idea? The answer from crypto aficionados is an emphatic “no”. After all, most of those who are serious about bitcoin or ethereum got involved because they want to overturn existing financial hierarchies, and they believe that central bankers are too old-fashioned to understand the innovative power of digital assets. Moreover, they fear that the only reason establishment institutions such as the BIS are playing with CBDCs now is to crush the private-sector tokens that might challenge traditional or “fiat” currency, not with an outright ban on those challengers but by stealing their cyber clothes instead.

https://www.ft.com/content/a75efd5c-ecee-4a55-85b8-68503560c641