Unpopular fact: The US dollar is a Central Bank Digital Currency. There is no meaningful distinction between the two. Unless it shuts down the US dollar, anti-CBDC legislation is meaningless.

Lots of people are bringing up physical cash but I don't see the distinction. Withdrawing cash in large quantities is already very difficult, if not impossible or criminal in some countries. And cash is an increasingly insignificant part of the money supply & most people's transactions. And cash bills are all marked and ATMs and banks can keep track of them increasingly well. Plus of course cash bills can be decommissioned as the Indian government did a few years ago. More generally, cash may be phased out with regular fiat and current digital payment options, and adding a new form of CBDCs changes nothing about the likelihood or feasibility of this. The bottom line is that after hearing about them for years I am yet to see a single thing that these hypothetical CBDCs can do that cannot already be done by your government, central bank, or bank. They are already able to surveil you, rob you directly, rob you indirectly through inflation, or debank you for saying the wrong thing. Calling them programmable changes nothing. Your credit card, PayPal, Venmo, and bank app are all programmable. Your bank isn't going to stand up for you if the government is coming after you. In conclusion, you shouldn't fear the possibility of CBDCs. They're already here. You can only do two things about them: bitcoin, or moaning impotently.