Accounting for economic units is evident as far back as the Akkadian empire 5,000 years ago. Double-entry bookkeeping, central banking, ACH, SWIFT, etc. are iterations on a theme. CBDCs represent an incremental shift away from batch processing toward real-time messaging.
The current paradigm of universally KYC'd accounts, easily surveilled ACH, and a government-run interbank FedWire service already offer complete transparency to law enforcement and the treasury department.
The current paradigm of universally KYC'd accounts, easily surveilled ACH, and a government-run interbank FedWire service already offer complete transparency to law enforcement and the treasury department.