Why would Central Banks use a blockchain for CBDCs?

Andy Martin asked me a couple of questions, one of which was what the justification for using a blockchain for a digital dollar/euro/whatever would be.

I answer that in this video, and also talk a bit more about his second question, regarding currency usage surveillance.

Update

Steve Rich's Exciting New Book: A Journey into the World of Forex Trading!

Interview

I happen to think that central bank digital currencies are probably one of the best use cases for permissioned blockchains I have seen to date.