The Bank of Israel conducted a thoughtful survey process for its Digital Shekel central bank digital currency (CBDC). It found that 51% of respondents had either a high or intermediate interest in the digital currency. Some of the responses received contrasted with other CBDC surveys. For example, privacy did not rank as particularly important, and interest in the CBDC increased with age.
That’s not to say the current Israeli central bank design doesn’t consider privacy. If introduced, the digital shekel would be accessed via payment providers, but the holdings would be directly with the central bank. However, the central bank would not have access to personal information.
The survey asked potential users to rank their interest on a scale of 1 to 10. Hence, the 51% figure is those who scored a six or above. We noted that the largest figures were in the extremes. Almost 21% of people gave it a ten, while 16% gave a score of one.
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