It's primary goal is to create a digital currency administered by the Federal Reserve. Complete control is the goal! Freedom dies.
Decentralized cryptos presented a threat to the big banks. They are responding with centralized cryptos. Centralized cryptos they absolutely can see what you're doing AND FAR WORSE, they create as much as they like and give it to BLM,etc. Decentralized cryptos, you can have as much privacy as you like with mixing services or just use a completely private coin like Monero.