Why the CBDC is bad? (Explained with Animations)?

A CBDC is like a super-powered piggy bank that the government uses, and sometimes it can make things harder for everyone.

Imagine you have a piggy bank full of coins, and every time you want to take out some money, you need to ask your teacher for permission. That’s what happens with a CBDC, it's like having one big piggy bank that everyone uses, but the rules are set by the government. Sometimes those rules make it harder for people to save or spend their money freely.

Think of your piggy bank as your favorite toy. If the teacher says you can only take out 1 coin at a time, even if you really want to buy ice cream, that’s not fun anymore. A CBDC can feel like that, too many rules mean less freedom.

Also, when the government has too much control over everyone's piggy bank, it might decide to give more coins to some kids and fewer to others. That doesn’t seem fair at all!

So, even though a CBDC sounds fancy, it can sometimes take away the fun of saving and spending your own money.