This news is probably even more bullish than the Bitcoin reserve strategy.

No CBDC means no programmable money. No money at maturity.

No money that can be given to citizens in exchange for obedience.

Because that's how CBDCs work.

You can have your money as long as you use it as the government wants and that you behave as the government wants.

Does this mean respecting the laws?

Yes of course, and it is right and normal to respect the laws. But this type of currency is introduced in countries with an authoritarian government or that wants to become authoritarian to have more control over citizens.

So those laws that everyone must respect will then begin to change becoming no longer fair laws, but prohibitive and coercive laws.

Of course, crypto can have a similar role in some cases if managed by a centralized entity that wants to take on an authoritarian form.

But if you keep your Bitcoins in your Wallet this can never happen.

Your keys, your money.

The same thing can't be said about the money you have in the bank.

And even less can be said about CBDCs.

I would also like to hear news like this in Europe..