CBDC = What is central bank digital currency? see https://www.bankofengland.co.uk/research/digital-currencies

One payment system to rule them all and monitor a population

It’s there in the first sentence, though def not so clear as it’s not capitalized: Central Bank Digital Currency (CBDC).

Indian here - I had to read the article to find out what it was.

Then I remembered the RBI had made a ruckus about it a few months ago.

I doubt anyone cares since almost every one uses their mobile phone and UPI for money transfers.

Does a term require more than 2 seconds of thinking? If yes, then describe it, otherwise it's unnecessary. This one seemed obvious.

Of course it's obvious its Centralized Big Dick Contest /s

It's customary to expand shortcut in full if it there is chance it might be unknown to the reader and this isn't even a financial blog but a tech one.

That's inappropriate and unhelpful.

People with brains can infer meaning from the context.

If they can't, then they aren't smart enough to have around.