That gives a lot of weight to the idea that officials in the Fed (or your country's central bank) and government will make the best decisions for everyone given increased data produced by a digital currency. History doesn't really show that officials make the right decision even with sufficient data. For a small example, until a few months ago many US Treasury and Fed officials insisted that any inflation would be "transitory" at worst. Now many admit they were wrong, but still argue about the state of the economy given such inflation and whether or not the US is in a recession. On a larger scale, many US officials were blatantly wrong about their conclusions regarding the markets going into the 2008 financial crisis, a few have even admitted as much. Even if we assume officials would only make the "right" decision given the right data, it seems unlikely that a digital currency would give officials sufficient knowledge of many factors for the 2008 crisis, e.g. swaps and other financial instruments used by large banks, and the so-called "shadow banking" system.
I could be wrong, but I don't think many citizens would vote for a policy that would give up so much of their privacy, autonomy, and civil rights for the hope that central banks and government officials will make the right economic decisions next time given the data a digital currency provides.
I could be wrong, but I don't think many citizens would vote for a policy that would give up so much of their privacy, autonomy, and civil rights for the hope that central banks and government officials will make the right economic decisions next time given the data a digital currency provides.