Post
Topic
Board Economics
Re: How a digital EURO may look like
by
aoluain
on 01/05/2021, 07:44:51 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

Like Chipmixer! nice one NeuroticFish.

Anything government issued will enable them to track the movement of that thing
be it electronic FIAT transactions or digital FIAT transactions. Bitcoin is more difficult and there are options open to us to
disguise our transactions.

Digital Euro being controlled by the governments will also be able to restrict the use
of it, the same as they do with FIAT. Block cards, close buildings and shut down ATM's.