Crypto is 10% of the market capitalization of gold ($1.07 trillion vs $9 trillion). Key central banks, including the USA (78 % of foreign exchange reserves) and Germany (75%) have chosen to underpin themselves with physical gold with respect to their foreign currency reserves. Outline your thesis for the role of CBDCs (Central Bank Digital Currencies) over the next 5 years. China has 261 million users of its digital currency presently