Post
Topic
Board Economics
Re: How a digital EURO may look like
by
NeuroticFish
on 01/05/2021, 07:02:36 UTC
There's definitely more privacy with BTC than there'll be with CBDCs.

LOL what?   Bitcoin have public ledger. Anyone. Totally anyone can look at all your trades.  Not a police or judge or but every single criminal in the world.  CBDCs will have opaque ledger and only central authority will be able to check transaction. Those that those authorities will sell your info and those that will hack them and steal this info.

The difference is that for Bitcoin there can pretty easily be made so there's no correlation between your actual name/person and (some of) your wallets.
On the other hand, although you will not know how much digital EURO I own, the government will surely know.
I'll say that neither is optimal, but at least for Bitcoin you always have the choice of a mixer  Wink