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CBDC would meet the definition of money because money is a form of payment that is accepted to purchase goods and services, and also can be used to pay off loans. For medium of exchange, you can use CBDC to buy goods and services. For instance, companies could start accepting CBDC along with paper currency in order for people to buy things digitally. For unit of account, CBDC would be able to measure the value of goods and services by being able to put a price on things that are available to purchase. For store of value, CBDC would be able to be put away and stored for the future. If you put $100 away and took it out in a year, it would still be $100.

The people that would be helped by CBDC would be the central banks and the government. The banks and government would be able to control the peoples money if it is all digital because they run the whole system for digital money. An example of this is the Canadian trucker incident not too long ago. When truckers in Canada started protesting against the government, the government locked up their bank accounts and they no longer had access to their own money since it was all digital.