I’m not sure what to think of this. Does a central bank backed digital currency still require proof of work? I didn’t dig too deep but didn’t see anything explaining what the structure would look like (I guess that’s part of the process of determining what’s appropriate).
If you access via an app, would it be open like bitcoin where anyone can maje an app, or would you have to install an RBNZ app only available on Google Play and the Apple App Store?
My initial thought was I wouldn’t put much money in it, but then realised it’s intended to be a form of cash and I don’t keep much money in cash either.
So I guess if they do a good job I might use it for small transactions?