Hard disagree. What you're saying is true of my money that is stored in a bank or other financial instruments that I have no tangible control over. However, to take away the cash I own (the green and the shiny stuff) the police or the feds need to come to my house and physically take it from me and figure out where I've hidden it. They also have no way of knowing exactly how much I have and no way of reasonably tracking how I spend physical currency in most situations. Particularly with peer to peer transactions, they are nearly impossible for the government to track or restrict in any meaningful way.

All of this goes away with CBDCs. The government can track everything. The government can take away everything instantly. The government can decide I'm not allowed to spend my money on certain things they don't agree with.

Trying to save up for the down payment on a house or a new car? Nope, that tax return we gave you expires in 3 months to force you to stimulate the economy. Bought a gun that was completely legal at the time, but the government has since decided you shouldn't have it? We have a record of you buying it, so we'll send the ATF to raid your house for it. Said something critical of the current president on social media? We've frozen all your money until we reeducate you.

It's not a matter of if this will be abused, it's a matter of when and how badly.