Bank of Canada: "Archetypes for a retail CBDC"

Think of the fun Trudeau et Freeland could have had with the truckers had this been in place.

And from Canada's central Bank, October 2022:

Staff Analytical Note 2022-14 (English) 

Key messages

• A wide variety of technology designs have been, and continue to be, proposed to underpin retail central bank digital currency (CBDC) systems. Central banks need a common framework to analyze and compare the different possible designs, independent of vendor, platform and technology.
• We consider the fundamental perspective of how information, or state, related to a retail CBDC instrument is organized among participating entities. From this perspective, we develop five archetypes—common patterns that recur in system designs—and discuss their trade-offs from the perspective of privacy, compliance, visibility, scalability, resilience, extensibility, online and offline payments.
• These archetypes can be combined and are general enough to collectively cover a wide range of possible CBDC designs. We anticipate that some CBDC system designs will closely align with one archetype, some will be variations of an archetype, and others will combine aspects of multiple archetypes.
• Although our fundamental perspective is how information is organized, we note that the space of possible designs could be analyzed differently. A closely related perspective is the representation of money (i.e., what the structure of information is).
• Our analysis suggests that no archetype scores highly across all criteria, so a design based on a single archetype is not likely to satisfy all policy goals. Instead, guided by the policy goals of their jurisdiction, policy-makers should consider a design that combines aspects of multiple archetypes.

....MUCH MORE

I saw this heading and thought they were trying to figure out how to put a picture of King Charles and/or a loon on the CBDC:

Representations of money and state