"low barriers to entry"
They'll never do that unless they can selectively rug wallets. Of people who don't do what they want, or just have more money than popularity.
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then they will lose to the currency that will do it
its a war for usage at all costs, and if that means leaving anyone to do what they want as long as they back their deposits with USD, that is absolutely fine
i think trump gets this from what he's said already - and he's literally banned (?) cbdcs