Plenty of speculation and opinions in crypto, and here’s mine… At the base level Crypto is all about decentralization, and the transfer of power from those controlling the system, to those using the system. Any central bank’s attempt to create digital versions of their existing fiat system doesn’t really change anything, except it gives them more control and enhanced ability to track and trace and control, stop, confiscate, all flows of money. Do you as a customer of a bank really care if your existing bank that holds your national fiat money uses a traditional database or centralized permission ed internal blockchain database? It doesn’t improve the user experience or the power/control you have over decision making regarding the currency. A centralized Chinese controlled currency empowers the government, not the citizens. A decentralized crypto currency empowers the users and holders of the currency. Therefore I think the government digital currencies being rolled out will make people think twice about their financial privacy, and government and central bank control over their money, and this will drive increased adoption in decentralized crypto’s like Cardano. But it will be a long and slow battle between opposing ideologies.